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Awaiting price reaction for this filing.
Gala Global Products has filed the notice for its 15th Annual General Meeting, scheduled for November 29, 2025 at 2:00 PM via video conferencing, along with the Integrated Annual Report for FY 2024-25. The cut-off date for e-voting eligibility is November 24, 2025, and remote e-voting runs from November 26-28, 2025 through NSDL. Key financial highlights reveal a sharp deterioration: revenue from operations fell to Rs. 4,178.29 Lacs from Rs. 7,530.07 Lacs, and the company swung to a net loss of Rs. 449.38 Lacs versus a profit of Rs. 20.98 Lacs in FY 2023-24. No dividend has been recommended. Shareholders will vote on adopting FY25 financials, appointing M/s R B Gohil & Co. as statutory auditors for 5 years, re-appointing Executive Director Mrs. Alpa Pandya, appointing M/s Sachin Thakkar & Associates as secretarial auditor for 5 years, and approving related party transactions up to Rs. 20 Crores for FY 2025-26.
The steep revenue decline of about 45% and the swing to a net loss are significant negatives for shareholders, reflected also in the decision to skip dividends. AGM resolutions are largely procedural, but the auditor changes and Rs. 20 Crore related party transaction cap are items shareholders should monitor closely.