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Awaiting price reaction for this filing.
Gala Global Products has filed the notice for its 15th AGM scheduled for November 29, 2025 at 2:00 PM IST 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, with remote e-voting open from November 26 to November 28, 2025. The company reported a sharp financial decline, with revenue from operations falling about 45% to Rs. 4,178.29 lakh (from Rs. 7,530.07 lakh), and swung to a net loss of Rs. 449.38 lakh versus a profit of Rs. 20.98 lakh in the prior year. The Board has skipped any dividend for FY 2024-25 to conserve resources. Five items are on the AGM agenda, including adoption of financial statements, appointment of new statutory and secretarial auditors, re-appointment of a director, and shareholder approval for related party transactions up to Rs. 20 crore.
Shareholders should note the steep revenue fall and the company's first reported annual loss, along with the suspension of dividends. Routine agenda items like auditor changes, a director re-appointment, and a large Rs. 20 crore related-party transaction limit will require shareholder votes, with no major positive catalysts highlighted in the filing.