Gretex Corporate Services Announces SEBI Registration of Celestial Chakra Trust as Category II AIF

1 min read     Updated on 09 May 2026, 04:50 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Gretex Corporate Services Limited has disclosed that Celestial Chakra Trust has been granted Category II Alternative Investment Fund registration by SEBI on May 05, 2026, with registration number IN/AIF2/26-27/2154. Bautex Ventures LLP, jointly held by Gretex Corporate Services Limited and Gretex Share Broking Limited with 50% each, serves as the Sponsor and Investment Manager to the Fund.

powered bylight_fuzz_icon
39810956

*this image is generated using AI for illustrative purposes only.

Gretex Corporate Services Limited has informed the stock exchanges that Celestial Chakra Trust (the "Fund") has received formal registration as a Category II Alternative Investment Fund ("Cat-II AIF") from the Securities and Exchange Board of India (SEBI). This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and represents a continuation of earlier disclosures dated January 10, 2026 and January 24, 2026.

SEBI Registration Details

The Fund was officially registered by SEBI on May 05, 2026, and the company received the digitally signed certificate of registration through the SEBI Intermediary portal on May 08, 2026. The key details of the registration are outlined below:

Parameter: Details
Fund Name: Celestial Chakra Trust
Fund Category: Category II Alternative Investment Fund
Registration Number: IN/AIF2/26-27/2154
SEBI Registration Date: May 05, 2026
Certificate Receipt Date: May 08, 2026

Sponsor and Investment Manager

Bautex Ventures LLP acts as both the Sponsor and Investment Manager to the Fund. The partnership structure of Bautex Ventures LLP involves equal participation from Gretex Corporate Services Limited and its material subsidiary, Gretex Share Broking Limited, with each entity holding a 50% partnership interest.

Regulatory Disclosure

The intimation was filed with BSE Limited and NSE Limited in compliance with applicable listing regulations. The disclosure was signed by Bhavna Desai, Group Company Secretary and Compliance Officer (Membership No.: A31586), on May 08, 2026.

Historical Stock Returns for Gretex Corporate Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%+5.23%+19.47%+11.39%+28.13%+28.13%

What types of investment strategies and target sectors is Celestial Chakra Trust likely to pursue as a Category II AIF, and what is its targeted corpus size?

How might the establishment of Celestial Chakra Trust impact Gretex Corporate Services' revenue streams and overall valuation in the near to medium term?

Could Bautex Ventures LLP's dual role as both Sponsor and Investment Manager create potential conflicts of interest, and how might SEBI scrutinize this structure going forward?

Gretex Corporate Services
View Company Insights
View All News
like20
dislike

Gretex Corporate Services Amends MOA to Increase Authorized Share Capital to Rs. 26.50 Crores

1 min read     Updated on 08 May 2026, 06:31 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
39730858

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
-0.76%+5.23%+19.47%+11.39%+28.13%+28.13%

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?

Gretex Corporate Services
View Company Insights
View All News
like19
dislike

More News on Gretex Corporate Services

1 Year Returns:+28.13%