Galactico Corporate Services Ltd — Updates, 30-05-2025: Company Update
Galactico Corporate Services Limited has complied with major secretarial and regulatory requirements during the financial year, with some procedural lapses including discrepancies in shareholding patterns, delayed filings, and incomplete financial result disclosures. The company addressed these issues promptly, rectifying errors and paying fines totaling Rs. 1.38 lakh for late disclosures related to nomination and remuneration committee compliance and related party transactions. No directors were disqualified, and performance evaluations, insider trading compliance, and disclosures were maintained satisfactorily. There were no penalties or actions from regulators or stock exchanges beyond the noted fines. Overall, governance standards are generally upheld with timely corrective measures.
