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Gala Precision Engineering Limited AGM Information 2026
59971_rns_2026-07-01_c6f93181-ee00-472e-87fc-d57ef774ffcb.pdf
AGM Information
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GALA
Date: 01.07.2026
BSE Limited
Department of Corporate Services,
P. J. Towers, Dalal Street,
Mumbai - 400 001
Scrip Code: 544244
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot No. C/1, G
Block, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
Scrip Name: GALAPREC
Sub: Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Summary of Proceedings of the 18th Annual General Meeting held today, July 1, 2026 (Wednesday)
Dear Sir/Ma'am,
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed, summary of proceedings of the 18th Annual General Meeting of Gala Precision Engineering Limited ("the Company") held on Wednesday, 1st July, 2026 at 3:30 P.M. (IST) through video conferencing / other audio-visual means (OAVM).
This intimation is also being made available on the Company's website www.galagroup.com.
Kindly take the same on records.
Thanks & Regards,
For Gala Precision Engineering Limited
POOJA
LADHA
Pooja Ladha
Company Secretary and Compliance Officer
Encl.: As above
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522
GALA PRECISION ENGINEERING
SUMMARY OF PROCEEDINGS OF THE 18TH ANNUAL GENERAL MEETING OF GALA PRECISION ENGINEERING LIMITED
The 18th Annual General Meeting ("AGM") of the Members of Gala Precision Engineering Limited (the "Company") was held on Wednesday, 1st July 2026 through Video Conferencing (VC)/ other audio-visual means (OAVM). The Company, while conducting the Meeting, adhered to the circulars issued by the Ministry of Corporate Affairs ("MCA"), the Securities and Exchange Board of India ("SEBI"). The said AGM commenced at 3:30 P.M (IST) and concluded at 04:01 P.M (IST).
Ms. Pooja Ladha, Company Secretary of the Company, extended a warm welcome to everyone present at the meeting. The meeting was then chaired by Mr. Kirit V. Gala, Chairman and Managing Director of the Company. The Directors, including the Chairperson/Chairman of the Audit Committee, Stakeholders Relationship Committee and Nomination & Remuneration Committee, attended the meeting. Mr. Rajendra Gogri was unable to attend the meeting due to unavoidable circumstances. The Auditors and Scrutinizer also joined the meeting.
The Company Secretary introduced all the Directors who have joined the meeting on virtual platform. After ascertaining that the requisite quorum for the meeting as per Companies Act, 2013, the meeting called to the Order with permission of the Chair.
The Company Secretary welcomed shareholders who have joined the 18th Annual General Meeting of the Company on virtual platform and informed them that the Company had provided the facility to cast their votes electronically on all resolutions set forth in the Notice. Members who were present at the AGM and had not cast their votes electronically, only were entitled to cast their votes by e-voting.
Thereafter, The Chairman has delivered his speech.
The Company Secretary informed the Members that that facility of Remote e-voting was made available to the Members from 09.00 AM on Saturday, 27th June 2026 up to 5.00 PM on Tuesday, 30th June 2026. Further, the Company had also provided the facility for e-voting during the Meeting and 15 minutes after conclusion of the AGM on all the resolutions to facilitate the Members, who were attending the Meeting and had not cast their votes earlier through Remote e-Voting.
The following resolutions set out in the Notice convening the 18th AGM were put before members. Items of the business as per the Notice of the Annual General Meeting were transacted at the meeting:
| Sr. No. | Agenda Item | Type of Resolution |
|---|---|---|
| Ordinary Business | ||
| 1. | To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, along with the notes forming part thereof and together with the Reports of the Board of Directors and the Auditors thereon. | Ordinary Resolution |
| 2. | To re-appoint a Director in place of Mr. Balkishan Shyamsunder Jalan (DIN: 02876873), Whole-time Director, who retires by rotation and, being eligible, offers himself for re-appointment. | Ordinary Resolution |
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website : www.galagroup.com
CIN No. L29268MH2009PLC190522
GALA
PECISION ENGINEERING
| Special Business | ||
|---|---|---|
| 3. | To re-appoint Ms. Neha Gada (DIN: 00124603) as an Independent Director of the Company for a second term of 3 (three) consecutive years commencing from November 30, 2026 | Special Resolution |
| 4. | To re-appoint Mr. Snehal Bhupendra Shah (DIN: 00128595) as an Independent Director of the Company for a second term of 5 (Five) consecutive years commencing from November 30, 2026 | Special Resolution |
| 5. | To re-appoint Mr. Sudhir Tokarshi Gosar (DIN: 10460551) as an Independent Director of the Company for a second term of 3 (three) consecutive years commencing from January 11, 2027 | Special Resolution |
| 6. | To ratify the remuneration of M/s. Shekhar Joshi & Co. (Membership Number: 10700), Cost Auditors of the Company for the financial year 2026-27. | Ordinary Resolution |
It was clarified that since all the Resolution(s) have been already put to vote through Remote e-Voting, there will be no proposing and seconding of the Resolutions and that there would be no voting by show of hands.
The Company Secretary informed that the Insta poll-e-voting process will continue for the next 15 minutes and will be disabled automatically thereafter. She further informed that the Company will intimate the voting results (remote e-voting and voting at the meeting through electronic voting system) pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with the Scrutinizer's Report pursuant to Section 108 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014 to the Stock Exchanges within two working days of the conclusion of the AGM.
The Company Secretary then invited the Members to express their views and ask question. 3 speaker Member spoke/raised queries on relevant matters. Necessary clarifications/responses were provided to the Members by the Chief Financial Officer.
The Company Secretary then declared the Annual General Meeting of the Company as concluded and thanked the Directors, Auditors and Shareholders for their participation at the AGM of the Company.
Thanks & Regards,
For Gala Precision Engineering Limited
POOJA
LADHA
Pooja Ladha
Company Secretary and Compliance Officer
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522