Gretex Corporate Services Limited Receives ₹15 Lakh Penalty from SEBI Under Adjudication Order
Gretex Corporate Services Limited disclosed receiving a SEBI adjudication order imposing a ₹15 lakh penalty for alleged non-compliances with ICDR and Merchant Bankers regulations. The order, numbered Order/AK/GN/2025-26/31964, was received on January 13, 2026, following a SEBI inspection. The company states there is no material impact on its financial or operational activities from this penalty.

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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:
| Parameter: | Details |
|---|---|
| Authority: | Securities and Exchange Board of India (SEBI) |
| Order Number: | Order/AK/GN/2025-26/31964 |
| Legal Provision: | Section 15-I of the SEBI Act, 1992 |
| Penalty Amount: | ₹15,00,000.00 (Rupees Fifteen Lakh Only) |
| Order Receipt Date: | January 13, 2026 |
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.
Historical Stock Returns for Gretex Corporate Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.91% | -0.24% | -2.64% | +5.25% | +5.25% | +5.25% |
















































