Galactico Corporate Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/03/2026 ,inter alia, to consider and approve 1. Preliminary ....
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Galactico Corporate Services Ltd, a SEBI-registered Category I Merchant Banker, has called a board meeting on 13th March 2026 via video conferencing. The board will review a preliminary assessment of the company's non-core business activities. It will also examine the company's position on liquid net worth and capital adequacy norms, and consider additional measures to stay compliant with SEBI's regulatory requirements for merchant bankers. Additionally, the board will discuss whether its non-SEBI regulated activities should be moved into a separate business unit or other structural arrangement. The meeting agenda also includes any other matters raised with the chairperson's approval.
For shareholders, this signals that the company is actively reviewing its business structure and regulatory compliance. The focus on capital adequacy and possible restructuring of non-core activities could mean strategic changes ahead, which may affect the company's future operations and risk profile.