Gretex Corporate Services Limited has submitted its investor presentation for the Q3FY26 earnings call to the National Stock Exchange of India Limited and BSE Limited under Regulation 30. The presentation covers the company's performance for the quarter and nine months ended December 31, 2025.

Financial Performance Overview

The company's Q3FY26 consolidated financial results show mixed performance compared to previous quarters. Total income for Q3FY26 stood at ₹54.80 crores, representing a decline from ₹80.20 crores in Q3FY25 and ₹67.40 crores in Q2FY26.

Business Segments and Revenue Mix

The company operates through two primary business segments: Market Making & Broking Business and Merchant Banking. For Q3FY26, Market Making & Broking Business contributed ₹33.50 crores while Merchant Banking generated ₹8.60 crores in revenue.

Track Record and Market Position

Gretex Corporate Services has established itself as a significant player in the IPO market, having completed 60 IPO issues to date with total funds raised of approximately ₹1,447 crores. The company has handled 58 SME IPOs raising around ₹1,247 crores and 1 Main Board IPO raising ₹132 crores.

Recent Quarter Achievements

During Q3FY26, the company successfully completed 3 IPOs, 1 de-listing, and 6 mandates in valuation & advisory services. The company has filed DRHP for 6 issues with total funds to be raised of approximately ₹330 crores.

Business Expansion Plans

The company has outlined several strategic initiatives for future growth, including applying for CAT II AIF in January 2026, planning to list Gretex Share Broking Limited on the Main Board, and exploring inorganic opportunities in retail broking. The company targets raising approximately ₹20,000 crores over the next 3 years through private equity placements and IPOs.

Leadership and Recognition

The company is led by Managing Director and CFO Alok Harlalka, who brings over 28 years of experience in capital markets. The company has been consistently recognized by leading exchanges and industry bodies, including being felicitated as Top Performing Merchant Banker by NSE Emerge and receiving recognition from BSE for Distinguished Contribution to Enabling SME & Startup Listings.

Gretex Corporate Services Limited has informed the stock exchanges about receiving an adjudication order from the Securities and Exchange Board of India (SEBI) that imposes a monetary penalty on the company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SEBI Adjudication Order Details

The regulatory action stems from an inspection conducted by SEBI that identified alleged non-compliances with specific regulations. The following table summarizes the key details of the adjudication order:

Nature of Violations

The adjudication order addresses alleged contraventions identified during SEBI's inspection process. The violations pertain to non-compliances with provisions of SEBI (ICDR) Regulations and SEBI (Merchant Bankers) Regulations, along with related circulars issued by the regulatory authority.

Company's Assessment of Impact

Gretex Corporate Services has assessed the financial and operational implications of the penalty. According to the company's disclosure, there is no material impact on the financials, operations or other activities of the listed entity as a result of this adjudication order.

Previous Regulatory Communication

This disclosure represents a continuation of the regulatory proceedings that began earlier. The company had previously informed the exchanges on September 05, 2025, about receiving a SEBI Show Cause Notice dated September 02, 2025. The current adjudication order follows the completion of that show cause process.

Compliance and Disclosure

The company has fulfilled its disclosure obligations under the listing regulations by informing both BSE Limited (Scrip Code: 543324) and NSE Limited (Symbol: GCSL) about the adjudication order. The disclosure was signed by Bhavna Desai, Company Secretary and Compliance Officer, on January 14, 2026.