Galactico Corporate Services Ltd — Important, 15-03-2026: Company Update

Galactico Corporate Services' Board met to address recent merchant banker regulation changes. Management was directed to ensure a liquid net worth of ₹12.00 Cr by December 31. The company aims for Category I Merchant Banker status while currently operating as Category II. The Board approved the sale of a 73.77% stake in Seven Hills Beverages Limited for ₹6.68 Cr, aligning with its strategy to divest non-core assets and focus on core business. This transaction, subject to shareholder approval, will cease SHBL and Palwe Pest Control from being subsidiaries. Additionally, ₹12.00 Cr unsecured debentures in subsidiary Instant Finserve Private Limited were converted to secured optionally convertible redeemable debentures, safeguarding the company's net worth.