Gretex Corporate Services Limited announced the outcome of its Board Meeting held on May 07, 2026. The Board approved the audited financial results, both consolidated and standalone, for the quarter and financial year ended March 31, 2026. They also approved the re-appointment of M/s. Jay Gupta & Associates as Joint Statutory Auditors for a second term of five consecutive years, commencing from the conclusion of the 18th Annual General Meeting (AGM) until the 23rd AGM. The resignation of RKN & Co as Secretarial Auditor, effective May 07, 2026, was noted, and M/s. D.A. Kamat & Co was appointed as the new Secretarial Auditor for a term of five consecutive years from FY 2026-27 to FY 2030-31, subject to shareholder approval. Additionally, Ajmera & Ajmera were re-appointed as Internal Auditors for FY 2026-27. The 18th AGM of the company will be held on Friday, July 31, 2026, at 04:00 P.M. in Mumbai. The Board recommended a final dividend of 7% (₹0.70 per equity share of face value ₹10) for the financial year ended March 31, 2026, subject to shareholder approval. The record date for this dividend is Friday, July 17, 2026, with book closure from July 17 to July 25, 2026. Further, the Board approved an increase in the Authorized Share Capital from ₹24.20 crore to ₹26.50 crore. A significant decision was the approval of issuing 19,51,000 fully convertible warrants on a preferential basis to non-promoter category investors, convertible into equity shares within 18 months, for a total consideration of approximately ₹69.85 crore (₹358.00 per warrant). The meeting commenced at 04:56 p.m. and concluded at 06:15 p.m.
