Meeting Details

The 11th Annual General Meeting of Galactico Corporate Services Limited was held on Saturday, September 12, 2026, commencing at 01:00 p.m. IST and concluding at 01:40 p.m. IST. The meeting was conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in compliance with MCA circulars, SEBI circulars, the Companies Act, 2013, and SEBI Listing Regulations. The deemed venue was Off No. 68, Business Bay Premises CO-OP HSG SOC, Nashik – 422002, Maharashtra, India.

Attendance

37 members attended the meeting virtually in person or through authorized representatives. The requirement of appointing proxies was not applicable as per MCA and SEBI circulars.

Chairperson and Officials Present

Mrs. Nilam Avinash Ghundiyal, Independent Director and Chairperson of the Company, chaired the meeting. The following directors and officers were present:

  • Mr. Vipul Dileep Lathi - Director and Chief Financial Officer
  • Mrs. Nilam Avinash Ghundiyal - Independent Director and Chairperson
  • Mr. Laxmikant Dasrao Bhakre - Independent Director
  • Mr. Sandeep Balasaheb Palwe - Executive Director
  • Mr. Rohit Shambhulal Joisar - Executive Director
  • Mr. Vighnesh Arun Palkar - Executive Director
  • Mrs. Charushila Vipul Lathi - Executive Director
  • Mr. Vishal Vinod Sancheti - Chief Executive Officer

Representatives from statutory auditors M/s. S H Dama & Associates and secretarial auditors M/s. Akshay R. Birla and Associates were also in attendance.

Voting Process

The company provided remote e-voting facility through NSDL from Wednesday, September 9, 2026 (9:00 a.m. IST) to Friday, September 11, 2026 (5:00 p.m. IST). Members who had not voted through remote e-voting were able to vote through the e-voting platform during the meeting. Mr. Akshay Rajendra Birla, Practicing Company Secretary, was appointed as Scrutinizer to supervise the voting process and prepare a combined report to be submitted within 2 working days of the meeting conclusion.

Agenda Items and Resolutions

The following businesses were transacted as per the notice of the AGM:

1. Ordinary Resolution: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors thereon.

2. Ordinary Resolution: To appoint a director in place of Mr. Vipul Dileep Lathi (DIN: 05173313) who retires by rotation under Section 152(6) of the Companies Act, 2013 and offered himself for reappointment.

3. Ordinary Resolution: To appoint a director in place of Mr. Sandeep Balasaheb Palwe (DIN: 06393282) who retires by rotation under Section 152(6) of the Companies Act, 2013 and offered himself for reappointment.

4. Ordinary Resolution: To increase Authorized Share Capital and consequential alteration of the 'Capital Clause' of the Memorandum of Association of the Company.

5. Special Resolution: To approve capital raising by way of issuance of warrants convertible into equity shares on a preferential allotment basis.

6. Ordinary Resolution: Ratification of related party transactions entered during April 1, 2025 to June 30, 2026.

7. Ordinary Resolution: Approval of related party transactions between Galactico Corporate Services Limited and its subsidiary Instant Finserve Private Limited for the financial year 2026-2027.

Member Interaction

The floor was opened for shareholders to express views and queries, which were responded to by company representatives.

Results Declaration

The company secretary was authorized to receive voting results and intimate stock exchanges. Consolidated results of remote e-voting and e-voting at the AGM will be announced within 2 working days of the meeting conclusion. The results along with the Scrutinizer's Report will be filed with stock exchanges as per Listing Regulations and placed on the company website and BSE website.

The e-voting process remained open for an additional 15 minutes after the meeting conclusion before being automatically disabled.

Conclusion

The meeting concluded at 01:40 p.m. IST with thanks to members for their support and participation.