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Gretex Industries Approves ₹26.9 Crore Related-Party Subsidiary Stake Sales


4 September 2026
Gretex Industries Ltd.

Board approved disposal of stakes in three subsidiaries to promoter-group relatives for consideration up to ₹26.9Cr, subject to special-resolution and other approvals. The transactions mark a significant restructuring of the company's group-linked investment portfolio and reduce exposure to property subsidiaries. Arm's-length basis is asserted, but valuation methodology, completion timing and use of proceeds are undisclosed; fresh fundraising was postponed.


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