Gretex Corporate Services Limited has announced the allotment of 1,05,541 equity shares of face value ₹10 each, at an issue price of ₹379 per share (including a premium of ₹369). This allotment is a result of warrant holders, belonging to the non-promoter category, exercising their option to convert 1,05,541 equity warrants into equity shares.

The company also noted that the bonus equity shares, which were approved in a 9:10 ratio and previously credited to a demat suspense account, will now be released. Upon conversion of the warrants, the allottee is entitled to 94,986 bonus equity shares, which will be credited to their demat account simultaneously with the new equity shares.

The newly allotted equity shares will rank pari passu in all respects with the existing equity shares of the company. The details of the allotment, including the name of the investor (Sandeep Kumar Agarwal), category (Non-Promoter), number of warrants converted, number of equity shares allotted, issue price, and total consideration of ₹3,00,00,000, are provided as per SEBI regulations.