ALPHA TRIBE

Gala Precision Engineering LimitedOthers, 16-07-2025: Shareholders meeting

16-07-2025 | 03:40 pm

Gala Precision Engineering Limited announced the results of its 17th Annual General Meeting. All nine proposed resolutions received shareholder approval with the necessary majority. These approvals include the adoption of financial statements for the year ended March 31, 2025, re-appointment of Chairman and Managing Director Mr. Kirit Vishanji Gala and Independent Director Ms. Varsha Rajaram Galvankar, and the fixing of remuneration for key management personnel. The related party transaction involving Mr. Smeet Kirit Gala also received approval, even though votes from the promoter group for this item were not counted. This outcome signals strong investor confidence in the company's management and strategic direction.

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