BSEGalada Finance LtdMediumNegative
Announced Mon, 2 Jun · 16:20 IST

The Board Meeting to be held on 03/06/2025 Stands Cancelled.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Galada Finance Limited has cancelled the Board of Directors meeting that was earlier scheduled for Tuesday, June 3, 2025. The company cited the unfortunate passing of Mr. Ponmiah Bhaskaran, Additional Director (Non-Executive, Non-Independent), as the reason for the cancellation. The company has assured the stock exchange that a revised date for the board meeting will be communicated in due course, within SEBI's prescribed timelines. The intimation was signed by Managing Director Naveen Ashok Galada.

Likely market impact

This is a procedural announcement with no direct financial impact on shareholders. The cancellation is due to the sad demise of a director, and the board meeting will be rescheduled. Investors should watch for the revised meeting date, as the original agenda (likely financial results or other key decisions) will be taken up then.