The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alok Harlalka & Others
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Gretex Corporate Services issued bonus shares on April 11, 2025, nearly doubling its equity base from 1.19 crore to 2.26 crore shares. Following this, 14 members of the promoter and promoter group filed individual SAST disclosures covering their bonus allotments. The largest allotment went to Bonanza Agency LLP, the key promoter entity, which received around 48.93 lakh bonus shares, taking its stake to 1.03 crore shares or 45.63%. Other recipients include Alok Harlalka, Arvind Harlalka, Talent Investment Company Pvt Ltd (12.07%), and various HUF and individual family members. All filings report passive acquisition through bonus issue, with no market purchases or sales involved. Combined promoter and promoter group holding stands at 64.02% post-bonus.
This is a routine, mandatory disclosure triggered purely by the bonus allotment rather than any active buying or selling by promoters. Shareholding structure remains tightly controlled by the promoter family with no change in control signals. No material impact on stock price is expected from these filings alone.