Intimation regarding the fine levied for non-submission of the corporate governance compliance report within the period provided under Regulation 27(2) of SEBI Listing Regulation.
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Gala Global Products Ltd received a notice from BSE on 27th February 2026 for not submitting the corporate governance compliance report on time under Regulation 27(2) of SEBI Listing Regulations for the quarter ended December 2025. A fine of Rs. 16,520 (including GST) was levied on the company. The company has already paid the fine on 1st March 2026, resolving the matter. The financial impact is limited to this small fine amount and there is no restriction or sanction on the company's operations or trading.
This is a minor compliance lapse with a negligible financial impact of Rs. 16,520. The matter is already resolved as the fine has been paid, so no material impact on shareholders or stock price is expected.