Gala Precision Engineering Limited — Others, 16-07-2025: Shareholders meeting

Gala Precision Engineering Limited announced the results of its 17th Annual General Meeting, where shareholders approved all nine proposed resolutions. Key approvals included the adoption of financial statements and the re-appointment of Mr. Kirit Vishanji Gala as Chairman and Managing Director. Ms. Varsha Rajaram Galvankar was also re-appointed as an Independent Director for a second term, and remunerations for key managerial personnel were fixed. Notably, shareholders approved a related party transaction for Mr. Smeet Kirit Gala to hold an office of profit, with promoter votes excluded as per norms. This signals strong shareholder confidence in the company's governance and leadership.