Gretex Corporate Services Amends MOA to Increase Authorized Share Capital to Rs. 26.50 Crores
Gretex Corporate Services Limited has amended Clause V of its Memorandum of Association, increasing authorized share capital from Rs. 24,20,00,000 to Rs. 26,50,00,000 and the number of equity shares from 2,42,00,000 to 2,65,00,000 at a face value of ₹10 each. The shareholder-approved amendment was disclosed to BSE and NSE on May 07, 2026, in compliance with SEBI Listing Regulations.

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Gretex Corporate Services Limited has notified the stock exchanges of a key corporate development — an amendment to the Capital Clause of its Memorandum of Association (MOA). The company's shareholders have approved the substitution of Clause V of the MOA, resulting in an increase in the authorized share capital. The intimation was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is dated May 07, 2026.
Amendment to Capital Clause of MOA
The amendment pertains specifically to Clause V of the MOA, which governs the authorized share capital structure of the company. As per the disclosure, shareholders have approved the substitution of the earlier clause with a revised one reflecting an enhanced capital base. The revised clause increases both the total authorized capital and the number of equity shares the company is permitted to issue.
The following table outlines the key changes made to Clause V of the MOA:
| Parameter: | Earlier Clause | Amended Clause |
|---|---|---|
| Authorized Share Capital (Amount): | Rs. 24,20,00,000 (Rupees Twenty-Four Crores Twenty Lakhs Only) | Rs. 26,50,00,000 (Rupees Twenty-Six Crores Fifty Lakhs Only) |
| Number of Equity Shares: | 2,42,00,000 (Two Crore Forty Two Lakh Only) | 2,65,00,000 (Two Crore Sixty Five Lakh Only) |
| Face Value per Share: | ₹10 (Rupees Ten Only) | ₹10 (Rupees Ten Only) |
Regulatory Compliance
The intimation has been filed in accordance with the applicable SEBI listing regulations, ensuring transparency and timely disclosure to the exchanges. The communication was signed by Bhavna Desai, Group Company Secretary and Compliance Officer (Membership No.: A31586), on behalf of Gretex Corporate Services Limited. The filing was submitted to both BSE Limited and NSE Limited on May 07, 2026.
Historical Stock Returns for Gretex Corporate Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.74% | +4.45% | +11.31% | +46.72% | +19.11% | +19.11% |
How does Gretex Corporate Services plan to utilize the additional 23 lakh equity shares enabled by the authorized capital increase — through a rights issue, preferential allotment, or QIP?
What impact could the potential dilution from the expanded authorized capital have on existing shareholders' equity and the company's earnings per share?
Are there any upcoming fundraising or acquisition plans that may have prompted Gretex Corporate Services to increase its authorized share capital at this point in time?


































