Gala Precision Engineering Limited — Others, 20-06-2025: Shareholders meeting

Gala Precision Engineering has announced a board meeting for its 17th Annual General Meeting (AGM) through video conferencing. Agenda items include adopting the financial results for the quarter and half-year, re-appointment of Mr. Kirit Vishanji Gala as Chairman and Managing Director with approved annual remuneration increments up to 20% till November 2028, and re-appointment of Ms. Varsha Rajaram Galvankar as an Independent Director for a further term of three years. Remuneration increments of up to 20% annually have also been approved for whole-time directors Mr. Balkishan Jalan and Mr. Satish Kotwani till November 2028. Related party approval has been sought for Mr. Smeet Gala to hold an office or place of profit with a remuneration cap of ₹1 Cr per annum. The company has appointed M/s D. M. Zaveri & Co. as Secretarial Auditors for five years and ratified M/s Shekhar Joshi & Co. as Cost Auditors for 2025-26 at a fee of ₹75,000. These actions reinforce the company’s governance and management continuity, supporting its ongoing strategic growth and operational stability.