The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alok Harlalka HUF
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Alok Harlalka HUF, part of the promoter/promoter group, has filed a disclosure under SEBI Takeover Regulations regarding the receipt of 18,954 equity shares of Gretex Corporate Services Ltd via a Bonus Issue allotted on 11-04-2025. Post-allotment, Alok Harlalka HUF holds 40,014 equity shares representing 0.18% of the total paid-up equity share capital. The company's total equity share capital expanded from 1,19,15,545 shares to 2,26,39,347 shares of Rs 10 each as a result of the bonus issue. The shares are listed on the SME platform of BSE. The total promoter and promoter group holding stands at 64.02% of the company.
This is a passive, non-cash acquisition via bonus issue and not a market purchase or sale, so it has no direct impact on share price. The promoter's overall stake remains comfortably above the majority threshold at 64.02%, with no change in control implications for shareholders.