Gretex Corporate Services Limited has secured in-principle approval from India’s premier stock exchanges for a preferential allotment of 19,51,000 Fully Convertible Equity Share Warrants (FCEWs). The National Stock Exchange of India Limited and BSE Limited granted the approvals on August 07, 2026, paving the way for the company to raise capital from promoters and non-promoters. This move allows Gretex Corporate Services Limited to strengthen its capital base while adhering to stringent regulatory frameworks governing preferential issues.

The warrants are priced at not less than ₹358 each and will convert into 19,51,000 equity shares with a face value of ₹10 each. Pursuant to Regulation 28(1) and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the receipt of approval letters from both exchanges. The NSE issued letter reference NSE/LIST/55077, while BSE issued letter reference LOD/PREF/SS/FIP/638/2026-27, both dated August 07, 2026.

Regulatory Compliance and Conditions

Both exchanges have mandated strict adherence to internal controls before the allotment of securities. The primary focus is on monitoring trades executed by proposed allottees to prevent non-compliance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Specifically, the company must obtain undertakings from allottees confirming they will not engage in intra-day trading or sell the scrip until the allotment date.

The onus of verification lies solely with Gretex Corporate Services Limited. Any non-compliance observed post-verification may impact the listing of the shares. Furthermore, the company must file a listing application within twenty days from the date of allotment, as per Schedule XIX – Para (2) of the ICDR Regulations and SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023. Failure to comply attracts fines as specified in the circular.

Operational Implications

The approval is conditional upon the company fulfilling all statutory requirements, including obtaining necessary approvals from the Reserve Bank of India, Ministry of Corporate Affairs, and other relevant authorities. The exchanges reserve the right to withdraw the in-principle approval if submitted information is found to be incomplete, incorrect, or misleading.

Upon allotment, Gretex Corporate Services Limited must submit the listing application without delay, along with applicable fees, in terms of Regulation 14 of the LODR Regulations. For convertible securities, depositories will automatically release the excess lock-in period of pre-preferential holdings without requiring a No Objection Certificate from the exchange, ensuring smoother post-issue formalities.

What the Numbers Show

The issuance of 19,51,000 warrants at a minimum price of ₹358 represents a significant capital infusion mechanism for Gretex Corporate Services Limited . By targeting both promoters and non-promoters, the company signals confidence in its growth trajectory while diversifying its shareholder base. The strict regulatory oversight on trading behavior highlights the importance of market integrity during such corporate actions, ensuring that the allotment process remains transparent and compliant with SEBI’s guidelines on insider trading and market manipulation.

Gretex Corporate Services will host an earnings conference call on Monday, August 10, 2026, at 4:00 PM IST to discuss its unaudited financial results for the quarter and three months ended June 30, 2026. The announcement provides investors with a direct channel to management for clarifications regarding the company’s performance in Q1-FY27. The event is being organized in compliance with regulatory requirements for post-result disclosures.

The disclosure was made pursuant to Regulation 30(6) read with clause 15 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified the National Stock Exchange of India Limited and BSE Limited on August 5, 2026. Bhavna Desai, Group Head – Legal, Company Secretary & Compliance Officer, signed the communication.

Conference Call Details

The earnings call will feature key executives from Gretex Corporate Services Limited. Investors can join the session via a dedicated link provided by Stock Knocks (IR), which is facilitating the event.

Investor Participation

Participants interested in joining the conference call can use the joining link provided in the invitation. For further assistance, investors may contact Stock Knocks (IR) at +91 9831883749 or via email at info@stockknocks.com . The company’s website, www.gretexcorporate.com , also hosts the announcement for public record.