Gala Global Products shareholders approved initiating a Pre-Packaged or Corporate Insolvency Resolution Process under the IBC, 2016.
The EGM was held via video conference on May 7, 2026, with 47 members present and voting conducted electronically.
The resolution was the sole agenda item, with no questions from shareholders, and results will be disclosed to exchanges.
The meeting was chaired by Director Vishal Gala and attended by most directors, with a scrutinizer appointed for voting.