Gretex Corporate Services Limited has informed stakeholders about a change in its material subsidiary, Gretex Share Broking Limited.

Mr. Vivek Joshi, an Independent Director on the subsidiary's board, has resigned from his role.

His decision to step down is immediate, stemming from a commitment to extensive social activities requiring significant travel to remote areas of Maharashtra, which will restrict his professional engagements.

This development impacts the governance framework of a key subsidiary and is a routine change in board composition driven by personal reasons.