Meeting Details
- Date: Wednesday, 1st July, 2026
- Time: 3:30 P.M.
- Type: 18th Annual General Meeting
- Location: Conducted through electronic means/video conferencing
- Record Date: 24th June, 2026
- Total Shareholders on Record: 22,400
Shareholder Participation
- Total shareholders attended via Video Conferencing: 52
- Promoter and Promoter Group: 7
- Public: 45
- Physical attendance: Not applicable (NA)
Proposed Resolutions and Implications
Six resolutions were proposed and approved:
1. Ordinary Resolution: Adoption of Standalone and Consolidated Audited Financial Statements for FY ended 31st March 2026 with Board and Auditor reports
2. Ordinary Resolution: Re-appointment of Mr. Balkishan Jalan (DIN 02876873) as Whole-time Director
3. Special Resolution: Re-appointment of Ms. Neha Rajen Gada (DIN: 01642373) as Independent Director for second term of 3 years from November 30, 2026
4. Special Resolution: Re-appointment of Mr. Snehal Bhupendra Shah (DIN: 00128595) as Independent Director for second term of 5 years from November 30, 2026
5. Special Resolution: Re-appointment of Mr. Sudhir Tokarshi Gosar (DIN: 10460551) as Independent Director for second term of 3 years from January 11, 2027
6. Ordinary Resolution: Ratification of remuneration of M/s. Shekhar Joshi & Co (Membership Number 10700) as Cost Auditors for FY 2026-27
Promoter/promoter group declared not interested in any resolutions.
Voting Process and Methods
- Remote e-voting period: Saturday, 27th June 2026 (9:00 AM) to Tuesday, 30th June 2026 (5:00 PM)
- E-voting at AGM: Facility provided to members attending the meeting
- Service provider: MUFG Intime India Private Limited (MIIPL)
- Platform: https://instavote.linkintime.co.in/
Key Voting Outcomes
Overall Participation
- Total outstanding shares: 1,28,16,200
- Total valid votes polled: 78,17,901
- Percentage of votes polled: 61.0001%
Resolution-wise Results (All resolutions passed)
Resolution 1 - Financial Statements Adoption
- Votes in favor: 78,17,900 (99.9999%)
- Votes against: 1 (0.0001%)
- Invalid votes: 0
Resolution 2 - Balkishan Jalan Re-appointment
- Votes in favor: 78,17,900 (99.9999%)
- Votes against: 1 (0.0001%)
- Invalid votes: 0
Resolution 3 - Neha Rajen Gada Re-appointment
- Votes in favor: 78,17,900 (99.9999%)
- Votes against: 1 (0.0001%)
- Invalid votes: 0
Resolution 4 - Snehal Bhupendra Shah Re-appointment
- Votes in favor: 78,17,900 (99.9999%)
- Votes against: 1 (0.0001%)
- Invalid votes: 0
Resolution 5 - Sudhir Tokarshi Gosar Re-appointment
- Votes in favor: 78,17,900 (99.9999%)
- Votes against: 1 (0.0001%)
- Invalid votes: 0
Resolution 6 - Cost Auditor Remuneration Ratification
- Votes in favor: 78,17,900 (99.9999%)
- Votes against: 1 (0.0001%)
- Invalid votes: 0
Category-wise Voting Breakdown
Promoter and Promoter Group (69,72,592 shares)
- E-voting participation: 60,66,664 shares (87.0073%)
- 100% votes in favor across all resolutions
Public - Institutional Holders (9,05,479 shares)
- E-voting participation: 1,92,556 shares (21.2657%)
- 100% votes in favor across all resolutions
Public - Non-Institutional Holders (49,38,129 shares)
- E-voting participation: 15,58,681 shares (31.5642%)
- Votes in favor: 15,58,680 (99.9999%)
- Votes against: 1 (0.0001%) across all resolutions
Scrutinizer's Role and Findings
- Scrutinizer: Dharmesh Zaveri, proprietor of D. M. Zaveri & Co., Company Secretaries
- Appointment: By Board of Directors under Section 108 of Companies Act, 2013
- Responsibilities: Monitor e-voting process and prepare scrutinizer report
- Process: Unblocked remote e-voting on 1st July 2026 at 4:28 PM in presence of two non-company witnesses
- Conclusion: All resolutions passed with requisite majority
- UDIN: F005418H000730406
- Peer Review Certificate No.: 7748/2026
Compliance Confirmation
- Compliance with Section 108/109 of Companies Act, 2013
- Compliance with Rule 20(4)(xii) of Companies (Management and Administration) Rules, 2014
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Results hosted on company website: www.galagroup.com
Additional Information
- Scrip Name: GALAPREC
- Declaration Date: 2nd July 2026
- Document submitted to BSE Limited and National Stock Exchange of India Limited