NSEAction(s) taken or orders passed3d ago · 28 Oct 2026, 04:14 pm
Action(s) taken or orders passed
Gretex Corporate Services Limited · GCSL
✦ AI Summary▼ NegativeRegulatory
Gretex Corporate Services Limited has informed the Exchange about an Adjudication Order passed by SEBI, imposing a penalty of INR 8,00,000 on the Company under Section 15HB of the SEBI Act, 1992, for not exercising due diligence in respect of a disclosure in the offer document of Taurian MPS Limited.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment2/10
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Gretex Corporate Services Limited has informed the Exchange about Action(s) taken or orders passed
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bdesai_28102026161351_Reg30_SEBI_Adjudication_Order.pdf
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GRETEX CORPORATE SERVICES LIMITED
A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg,
Near Indiabulls, Dadar (West), Mumbai – 400013
Website: www.gretexcorporate.com, Email ID: info@gretexgroup.com
Contact No.: 02269308500
CIN: L74999MH2008PLC288128
Date: October 28, 2026
BSE Limited NSE Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G-Block
Dalal Street Fort, BKC, Bandra (East),
Mumbai – 400 001 Mumbai- 400051
Scrip Code: 543324 Symbol: GCSL
Dear Sir/ Madam,
SUB: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Adjudication Order passed by SEBI
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
read with sub-para 20 of Para A of Part A of Schedule III thereto, we hereby inform you that the Securities and
Exchange Board of India (“SEBI”) has passed an Adjudication Order bearing Order No.
Order/JS/YK/2026-27/32792-32795 dated October 27, 2026 under Section 15-I of the SEBI Act, 1992, in the
matter of Taurian MPS Limited, wherein Gretex Corporate Services Limited is Noticee No. 4.
The present disclosure is in furtherance of the disclosure dated August 04, 2026 regarding receipt of the SEBI
Show Cause Notice dated July 31, 2026 in the aforesaid matter.
This is for your information as also for the information of your members and the public at large.
Thanking You,
For Gretex Corporate Services Limited
Bhavna Desai
Group Head: Legal, Company Secretary
& Compliance Officer
Membership No.: A31586
GRETEX CORPORATE SERVICES LIMITED
A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg,
Near Indiabulls, Dadar (West), Mumbai – 400013
Website: www.gretexcorporate.com, Email ID: info@gretexgroup.com
Contact No.: 02269308500
CIN: L74999MH2008PLC288128
Annexure
Disclosure as per Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Particulars Details
a) Name of the Authority Securities and Exchange Board of India (SEBI)
b) Nature and details of the action(s) taken, Penalty of INR 8,00,000 (Rupees Eight Lakh Only)
initiated or order(s) passed levied on the Company under Section 15HB of the
SEBI Act, 1992, vide the Adjudication Order dated
October 27, 2026.
c) Date of receipt of direction or order, including October 27, 2026
any ad-interim or interim orders
d) Details of the violation(s)/ contravention(s) The Company was a noticee in its capacity as
committed or alleged to be committed Merchant Banker to the IPO of Taurian MPS
Limited. The Adjudicating Officer has held that the
Company did not exercise due diligence in respect
of a disclosure in the offer document, thereby
contravening certain provisions of SEBI (Issue of
Capital and Disclosure Requirements) Regulations,
2018. The remaining allegations against the
Company have been held not established.
The Order is available on SEBI’s website at
https://www.sebi.gov.in/sebi_data/attachdocs/oct-
2026/ORDER_1793087952.pdf
e) Impact on financial, operation or other There is no material impact on the financials,
activities of the listed entity, quantifiable in operations or other activities of the Company.
monetary terms to the extent possible.