Announced Sat, 4 Apr · 16:08 IST
EGM approves increase in authorised share capital
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹1.46
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.8+6.2+8.9+6.8+11.6+20.5+62.3+26.0+10.3+16.4
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AI summary
Gala Global Products held an EGM on 4 April 2026 via video conferencing where shareholders approved an increase in the company's authorised share capital and the consequential amendment to the capital clause in the Memorandum of Association. 32 members participated. Remote e-voting ran from 1–3 April 2026. Scrutinised voting results will be announced separately. The meeting lasted from 11:30 AM to 12:08 PM.
Likely market impact
Routine procedural step; raising the authorised capital ceiling creates room for a future issue (bonus, rights, or fresh issue), but no specific plan is announced yet.