Gala Global Products Ltd Holds EGM to Address Share Capital Increase
The Extra-Ordinary General Meeting (EGM) of Gala Global Products Limited was held on Saturday, April 4, 2026, via Video Conferencing (VC). The meeting commenced at 11:30 a.m. (IST) and concluded at 12:08 p.m. (IST).During the EGM, the members considered the agenda item concerning the Increase in Authorized Share Capital and the resulting alteration to the Capital Clause of the Memorandum of Association (MOA).
The proceedings confirmed that the EGM was conducted through VC. Shareholders were advised that notice of the EGM through VC was sent electronically on March 12, 2026, via National Securities Depository Limited (NSDL) to registered email addresses as of the cut-off date of March 6, 2026.
Meeting Proceedings and Voting Details
Mr. Vishal Mulchandbhai Gala, a director, chaired the Meeting, following the confirmation of the requisite quorum. The meeting was attended by all directors except for Vipul Laxmichand Maru, Prahlad Kumar Agarwal, and Dhruv Modi. Mr. Sachin Thakkar, Company Secretary from M/s Sachin Thakkar and Associates, attended as the appointed Scrutinizer for remote e-voting and e-voting during the meeting.The company provided facilities for both remote e-voting and e-voting through NSDL. The remote e-voting period ran from 09:00 A.M. (IST) on Wednesday, April 1, 2026, until 05:00 P.M. (IST) on Friday, April 3, 2026. Shareholders holding shares as on the cut-off date of March 30, 2026, were eligible to vote.
The Notice convening the EGM was taken as read, and the primary item put before the shareholders for e-voting was:
* To Increase the Authorized Share Capital of the Company and Amend the Capital Clause in the Memorandum of Association.
The Chairman stated that the consolidated result of the remote e-voting and e-voting during the EGM would be declared shortly after the meeting concluded and would be uploaded with the Stock Exchanges, NSDL, and on the company's website.
The EGM concluded at 12:08 PM, with a total of 32 members present.
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