Gretex Industries Limited
Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments
What Gretex files
- Others44
- Important24
- Board Meeting16
- Updates15
- Results4
- QIP/Rights/Pref.2
Gretex Industries is divesting stakes in three subsidiaries/LLPs to promoters for up to ₹26.90 Cr, pending shareholder approval. This strategic move aims to optimize investments. Separately, a proposed fundraising plan was postponed.
Gretex Industries (GIL) signed an SPA to acquire a 98% stake in Arpan Tie Up Pvt Ltd, an NBFC. This strategic move makes Arpan Tie Up a GIL subsidiary, expanding its business footprint into the financial services sector.
Gretex Industries acquired Chaitak Sales (100% for 13.73 Cr). Chaitak's subsidiary, Dailmer Industries, now a step-down subsidiary, recorded FY26 turnover of 134.50 Cr. This strategic move aims to expand Gretex's business into wholesale metal trading.
Gretex Industries formed a distribution partnership with Pioneer DJ & Audio Technica, becoming the official distributor in West Bengal. This expands the company's product range, strengthening its presence in the high-demand professional audio equipment sector.
Gretex Industries obtained RBI approval for the change in control related to its proposed acquisition of NBFC Arpan Tie Up Pvt. Ltd. This clearance is a key milestone for the NBFC acquisition.