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GCSL — Gretex Corporate Services News Story

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India's Gretex Corporate Services hits record high after unit plans IPO

** Shares of Gretex Corporate Services Ltd GREO.NS rise as much as 3.8% to a record high of 389.4 rupees
** Co says unit Gretex Share Broking proposes to undertake an Initial Public Offering (IPO)
** Adds, IPO  may comprise a fresh issue of equity shares and/or an offer for sale
** Stock on track to gain for fifth straight week; up ~1% so far this week
** GREO last up 1.5%; gained ~36% so far since listing on Sept. 4

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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