Galada Finance 40th AGM: 4 resolutions passed, capital hike approved
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Galada Finance held its 40th AGM on September 28, 2026 via video conferencing. All 4 resolutions passed with 99.99% approval on 2,052,496 votes polled, representing about 68% of 3,000,001 outstanding shares. Items approved were adopting FY26 audited financials, reappointing MD Naveen Galada, increasing authorized share capital with MOA amendment, and appointing Narayana Maiya as Independent Director.
Shareholders approved capital expansion and board changes, hinting at possible future fundraising. All items received near-unanimous support.