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Gala Global Products has received a demand notice from HDFC Bank for a default on secured credit facilities, totaling approximately 6.51 Cr plus accrued interest. The company had previously engaged with the bank, proposing a repayment plan and requesting an extension to secure a buyer for its collateral. Despite these efforts, the notice was issued. Gala Global Products aims to settle the entire outstanding amount within the statutory 60-day period. The company confirms its day-to-day operations are currently unaffected and remains dedicated to fully resolving the debt.