Announced Wed, 16 Apr · 17:14 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alok Harlalka

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alok Harlalka, a member of the promoter group of Gretex Corporate Services Limited, was allotted 41,391 equity shares through a bonus issue on April 11, 2025, representing 0.18% of the company's equity capital. After this allotment, his total holding stands at 87,381 shares, which is 0.39% of the expanded share capital. The bonus issue nearly doubled the company's equity base from roughly 1.19 crore shares to 2.26 crore shares. The overall promoter and promoter group holding in the company is 64.02%, with Bonanza Agency LLP being the single largest holder at 45.63%.

Likely market impact

This is a passive bonus allotment, not a market purchase, so there is no cash transaction and the promoter's percentage stake remains unchanged at 0.39%. Shareholders should view this as a routine regulatory disclosure accompanying the company's recent bonus issue and should not expect any impact on share price or promoter control from this filing.