Gretex Corporate Services MD, chairman, board of directors and AGM
NSE: GCSLBSE: 543324Capital MarketsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹723.80.
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,816 Cr1,585th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 7 May 2026
- 7.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.10%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 31 Jul 2026
- 17.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 7 May 2026
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,49,87127.9% delivered
Gretex Corporate Services board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorAlok Harlalka
- Company Secretary and Compliance OfficerBhavna Desai
6 directors3 independent3 executive
- Arvind HarlalkaExecutive · joined Sep 2008 · 2 listed boards · 4 committee seats
- Alok Harlalka · Chairperson and managing directorExecutive · joined Sep 2008 · 2 listed boards · 1 committee seat
- Sumeet HarlalkaExecutive · joined Aug 2023 · 1 listed board
- Rajiv Kumar AgarwalIndependent · joined May 2022 · 50 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Khusbu AgrawalIndependent · joined Nov 2023 · 32 months as independent · 5 listed boards · 4 as independent · 6 committee seats, 3 as chair
- Dimple Laxminarayan KhetanIndependent · joined May 2023 · 38 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 7 May 20265 of 6 present3 independent · 116 days in between
- 10 Jan 20265 of 6 present3 independent
Audit Committee
Chair Rajiv Kumar Agarwal
Khusbu Agrawal, Arvind Harlalka
- 7 May 20263 of 3 present2 independent · 116 days in between
- 10 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Rajiv Kumar Agarwal
Khusbu Agrawal, Dimple Laxminarayan Khetan, Alok Harlalka
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Khusbu Agrawal
Alok Harlalka, Arvind Harlalka
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Arvind Harlalka
Alok Harlalka, Rajiv Kumar Agarwal
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- JAY GUPTA & ASSOCIATESPeer-review certificate valid to Jul 2027
- V SINGHI & ASSOCIATESPeer-review certificate valid to Feb 2027
2 earlier auditors
- JAY GUPTA AND ASSOCIATESNamed in the filing for the quarter to Sep 2025
- V SINGHI AND ASSOCIATESNamed in the filing for the quarter to Sep 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Gretex Corporate Services AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Gretex Corporate Services dividend history
Annual general meeting, 31 Jul 2026
2,382 shareholders on the register on 24 Jul 2026; present: 11 promoters and 21 others; votes counted by RACHANA SHANBHAG / D.A. KAMAT &CO.The company's voting result (opens in a new tab)
To consider and adopt: (a) the audited Standalone financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.58% · promoters 100.00% · institutions 4.66% · other public 16.64%
- To declare Final dividend of Rs. 0.70/- per share of face value of Rs 10/- for FY 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.58% · promoters 100.00% · institutions 4.66% · other public 16.64%
- To appoint Mr. Alok Harlalka (DIN: 02486575), who retires by rotation as a Director who has offered himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.58% · promoters 100.00% · institutions 4.66% · other public 16.64%
To consider and approve re-appointment and remuneration of M/S Jay Gupta & Associates, Chartered Accountants, having FRN 329001E as Joint Statutory Auditor of the company for the second term of five (5) years.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.58% · promoters 100.00% · institutions 4.66% · other public 16.64%
- To approve Related Party Transaction(s)Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.94% · promoters 0.00% · institutions 4.66% · other public 16.64%
- . To obtain approval for appointment of Secretarial Auditor D.A. Kamat & Co for one term of Five Years from the Financial Year 2026-27 as the Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.58% · promoters 100.00% · institutions 4.66% · other public 16.64%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 6 Jun 2026, 2 resolutions
1,522 shareholders on the register on 1 May 2026; votes counted by Ms. Rachna Shanbhag / D.A. Kamat & Co..The company's voting result (opens in a new tab)
- To Consider and adopt Increase in Authorised Share Capital of the Company to Rs. 26,50,00,000/- And Consequent Amendment to the Capital Clause of the Memorandum of Association of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider and approve issue of fully convertible equity warrants on preferential basis to certain identified Body Corporate and other matters related thereto.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 13 Dec 2025, 1 resolution
1,238 shareholders on the register on 7 Nov 2025; votes counted by Ms. Rachana Shanbhag / D.A. Kamat & Co..The company's voting result (opens in a new tab)
- To consider and approve issue of fully convertible equity warrants on preferential basis to certain identified persons and other matters related theretoSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax Department,Government of IndiaSince 12 Mar 2026Disputed
- Tax disputeIncome Tax Department,Government of IndiaSince 19 Mar 2026Disputed
- Tax disputeIncome Tax Department,Government of IndiaSince 21 Apr 2026Disputed
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJan 2026 | – | The Company shall utilize the proceeds from the preferential issue of shares to use full preferential allotment issue proceeds for acquiring and Investing in the Proposed Issue of Equity Share Capital of its Subsidiary M/s. Gretex Share Broking Limited. | – | – | No |
| Preferential IssuesFeb 2026 | – | Working capital Requirements | – | – | No |