Gretex Corporate Services Limited announced the filing of a Draft Red Herring Prospectus (DRHP) for Tenty Limited with the securities market regulators. The submission was made to the Main Board platforms of both the National Stock Exchange of India Limited and BSE Limited.

Filing details

The company communicated this development in a letter dated September 30, 2026, addressed to the stock exchanges. The DRHP marks a significant step toward the potential initial public offering of Tenty Limited. Gretex Corporate Services requested the exchanges to take the information on record.

Regulatory compliance

The filing was signed by Bhavna Desai, Group Company Secretary and Compliance Officer of Gretex Corporate Services Limited. The document confirms the company's adherence to listing obligations by promptly notifying the exchanges of this material update regarding its subsidiary's capital market plans.

Gretex Corporate Services has approved the allotment of 7.5 lakh warrants on a preferential basis to non-promoter investors, marking the completion of the second tranche in its ongoing capital raise. The Board of Directors sanctioned the move via a circular resolution dated August 19, 2026, setting the issue price at ₹358 per warrant with a face value of ₹10 each.

The transaction raises a total cash consideration of ₹6.71 crore (₹6,71,25,000). This issuance follows earlier disclosures made on May 7, 2026, and June 6, 2026, regarding the board and shareholder approvals for the broader preferential issue of 19.51 lakh warrants to both promoter and non-promoter categories.

Allotment Details

The warrants were allotted to four non-promoter entities and individuals. Zyana Developers LLP emerged as the largest recipient in this tranche, subscribing to 5 lakh warrants worth approximately ₹4.48 crore. Shailja Sandeep Jindal followed with an investment of ₹89.50 lakh for 1 lakh warrants. Two other individual investors, Gautam Gopikishan Makharia and Punit Gopikishan Makharia, each subscribed to 75,000 warrants.

Regulatory Compliance

The company stated that the allotment was executed in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as well as the Companies Act, 2013. The disclosure was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bhavna Desai, Group Head-Legal, Company Secretary, and Compliance Officer for Gretex Corporate Services Limited, signed the disclosure document.