Gala Global Products Ltd — Important, 07-03-2026: Company Update
07-03-2026 | 02:25 pm
07-03-2026 | 02:25 pm
The company's board has approved a significant increase in its Authorized Share Capital, raising it from Rs. 30.30 Cr to Rs. 53 Cr. This expansion allows for the creation of an additional 4.54 Cr equity shares, each at Rs. 5. Concurrently, the Memorandum of Association will be updated to reflect this new capital structure. These strategic decisions are subject to shareholder approval. This move enhances the company's financial flexibility, paving the way for potential future capital raises or business expansion opportunities.
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