GALA GLOBAL PRODUCTS LIMITED has made a disclosure pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The company received an email from BSE Limited dated 30th October 2026 (Reference: SOP-Review/30-10-2026) regarding non-compliance and imposition of a fine. The communication was received on 30th October 2026.
The fine has been levied for non-submission of the Annual Report within the period prescribed under Regulation 34 of the SEBI Listing Regulations for the year ended March 2026, constituting a delayed submission. The fine imposition follows the guidelines set out in SEBI Master Circular No.HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 (last updated on January 30, 2026).
The total fine amount is ₹56,640 (inclusive of GST), comprising a basic fine of ₹48,000 plus GST @ 18% of ₹8,640. The payment is due within 15 days from the date of the notice (30th October 2026).
According to the disclosure, the fine under Regulation 34 continues to be computed at ₹2,000 per day until the non-compliance is rectified to the satisfaction of the Exchange.
The financial impact is quantified solely as the payable fine amount of ₹56,640 to BSE. The company explicitly states there is no impact on its operations.
The disclosure was signed by VISHAL MULCHANDBHAI GALA, Director (DIN: 00692090), on 31st October 2026, who confirms the information provided is true, correct, and complete.