Announced Thu, 1 Oct, 2026 · 17:49 IST
Gretex Industries Allots 3.09L Shares on Warrant Conversion to Promoter Group
GRETEX · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Gretex Industries allotted 3,09,660 equity shares to promoter group entity Gretex Corporate Services Limited at 236 rupees per share upon conversion of warrants. Total consideration is about 5.48 crore rupees. This is the third tranche of the original 13,64,410 warrants approved by the board and shareholders in February and March 2025.
Likely market impact
Warrant conversion by promoter group signals confidence but dilutes equity. Watch for further tranches of the remaining warrants.