Galactico Corporate Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/12/2025 ,inter alia, to consider and approve Approval of Related ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Galactico Corporate Services has called a board meeting on December 12, 2025 to consider and approve related party transactions with its subsidiary, Instant Finserve Private Limited. The main proposals include investing up to Rs. 6 crore in the subsidiary and repaying an Optionally Convertible Debenture (OCD) worth Rs. 550 lakhs issued by Instant Finserve to Ms. Charushila Lathi, who is a related party. Since these are related party transactions, the company will also issue a postal ballot notice to seek shareholder approval and has appointed a scrutinizer for the e-voting process. The company is a SEBI-registered Category I Merchant Banker based in Mumbai and Nashik.
This is a procedural filing informing shareholders about an upcoming board decision on related party deals. The Rs. 6 crore investment into its subsidiary signals continued capital deployment within the group, but the scale is modest and unlikely to move the stock significantly on its own. Shareholders will get a formal say via postal ballot once the board approves these transactions.