Announced Fri, 25 Sept, 2026 · 18:22 IST
Gretex Industries allots 1.97 lakh shares via warrant conversion to Promoter Group
GRETEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Gretex Industries allotted 1,97,800 equity shares at Rs 236 each, totaling about Rs 3.50 crore, to Gretex Corporate Services Limited, a Promoter Group firm. This is the second tranche of warrant-to-equity conversion, originally approved in February-March 2025 for up to 13,64,410 warrants on a preferential basis. Shares carry face value of Rs 10, issued at Rs 236 per share.
Likely market impact
Promoter Group equity stake rises; public shareholders face slight dilution. About Rs 3.5 crore added to company capital via warrant conversion.