Gretex Corporate Services Limited has announced that its Board of Directors will convene on January 10, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company has formally notified both BSE Limited and NSE Limited about the scheduled board meeting in compliance with Regulation 29(1) and 29(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting agenda includes consideration and approval of unaudited financial results along with the Limited Review Report from the company's Statutory Auditors.

Trading Window Closure

In accordance with SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's Code of Conduct for Insider Trading, Gretex Corporate Services Limited has implemented a trading window closure for designated persons and their immediate relatives. The trading restriction became effective from January 1, 2026, and will remain closed until 48 hours after the declaration of financial results.

Regulatory Compliance

The notification demonstrates the company's adherence to regulatory requirements under SEBI guidelines. Company Secretary and Compliance Officer Bhavna Desai signed the official communication on January 3, 2026, ensuring timely disclosure to both stock exchanges where the company's shares are listed.

The company trades on BSE Limited under script code 543324 and on NSE Limited under the symbol GCSL. This scheduled board meeting represents a routine quarterly disclosure practice that maintains transparency with shareholders and regulatory authorities regarding the company's financial performance.

Gretex Corporate Services Limited has reported mixed financial results for the second quarter, showing profit growth despite a decline in revenue.

Q2 Financial Highlights

Key financial metrics for Q2 include:

The company's net profit increased to 115.00 million rupees from 99.00 million rupees in the same quarter last year, representing a 16.16% year-over-year growth. However, revenue declined to 796.00 million rupees from 937.00 million rupees in the previous year.

Notably, Gretex Corporate Services saw a significant improvement in its EBITDA, which surged to 318.00 million rupees from 167.00 million rupees. The EBITDA margin expanded substantially to 39.92% from 17.82% year-over-year, indicating improved operational efficiency.

Preferential Issue Approval

In addition to the financial results, the company's board has approved the issuance of 1,00,000 equity warrants on a preferential basis. The key details of this preferential issue are:

• Issue Price: Rs 300.00 per equity warrant
• Total Fundraising: Rs 3.00 crore
• Allottees: Non-promoter category investors

The company plans to issue these warrants to Mrs. Anzila Negi and Mr. Arun Negi, each receiving 50,000 warrants for a consideration of Rs 1.50 crore each.

Corporate Governance Updates

The board meeting also saw the approval of revised company policies, including:

• Whistle blower policy
• Audit committee policy
• Policy on Determination of materiality
• Code of conduct for merchant banker
• Preservation of documents and archival policy
• Familiarization Program policy of Independent Directors

These policy revisions underscore Gretex Corporate Services' commitment to maintaining robust corporate governance standards.

Conclusion

Despite the revenue decline, the growth in profitability and the decision to raise additional capital through a preferential issue suggest that Gretex Corporate Services is focusing on improving its financial position and operational efficiency. The company's efforts to strengthen its governance framework may be viewed positively by investors and stakeholders.

The preferential issue is subject to necessary approvals, including shareholder approval through a postal ballot process. The company will be seeking these approvals in due course, in compliance with SEBI regulations.