Gretex Corporate Services accepts VP Shah resignation effective June 30
Gretex Corporate Services accepted the resignation of Mr. Deepak Navinchandra Shah from the position of Sales-Vice President Director, effective June 30, 2026. The resignation, submitted on April 30, 2026, was due to personal reasons. Mr. Shah will serve the notice period until June 30, 2026.
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Gretex Corporate Services Limited has accepted the resignation of Mr. Deepak Navinchandra Shah from the position of Sales-Vice President Director, effective June 30, 2026. The resignation was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is attributed to personal reasons. Mr. Shah will be relieved from his duties at the close of business hours on the specified date.
The company confirmed that Mr. Shah, who was classified as a Senior Management Personnel under Regulation 16(1)(d) of the Listing Regulations, tendered his resignation on April 30, 2026. He will serve the applicable notice period, with his last working day being June 30, 2026. The disclosure was made in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Resignation Details
The following table outlines the key particulars of the resignation as disclosed in the regulatory filing:
| Sr. No. | Particular | Details |
|---|---|---|
| 1 | Reason for change | Resignation due to personal reasons. Refer enclosed resignation letter. |
| 2 | Date of cessation | June 30, 2026 |
| 3 | Brief profile | Not Applicable |
| 4 | Disclosure of relationships | Not Applicable |
Mr. Shah expressed gratitude to the management and colleagues for the support during his tenure. He committed to ensuring a smooth transition of his responsibilities during the notice period. The intimation has been uploaded on the company's website.
Historical Stock Returns for Gretex Corporate Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.73% | +9.77% | +15.01% | +39.05% | +49.02% | +49.02% |
Who will be appointed to replace Mr. Shah, and how will this leadership transition impact Gretex's sales strategy?
Will the resignation of the Sales Vice President lead to any shifts in the company's revenue projections for the upcoming fiscal year?
How does Gretex plan to ensure continuity in key client relationships during the transition period?
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