Pursuant to Regulation 30 and 44(3) of SEBI Lising Regulations, voting results and scrutinizer report for EGM held on 4th April 2026 are enclosed.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gala Global Products Ltd held an Extraordinary General Meeting on 4th April 2026 via video conferencing. The single resolution on the agenda was to increase the company's authorized share capital and amend the capital clause in the Memorandum of Association. The resolution was passed as an Ordinary Resolution with overwhelming shareholder approval - 99.92% in favor (95,432 votes) versus only 0.08% against (80 votes). Promoter group voted 79,000 shares in favor, while public non-institutional shareholders cast 16,432 votes in favor against 80 votes against. The scrutinizer from Sachin Thakkar & Associates confirmed the resolution passed with the requisite majority.
The increase in authorized share capital gives the company flexibility to issue additional shares in the future, which could be used for fundraising, acquisitions, or corporate actions. This is a routine administrative change that doesn't immediately impact shareholder value but signals potential future capital-raising activity.