Gala Precision Engineering Board Approves Re-appointment of Three Independent Directors

Gala Precision Engineering Board Approves Re-appointment of Three Independent Directors​

Gala Precision Engineering Limited announced that its Board of Directors, at a meeting held on May 14, 2026, approved the re-appointment of three individuals as Non-Executive Independent Directors. The appointments, based on the recommendation of the Nomination and Remuneration Committee, are subject to approval by the company’s shareholders at the ensuing Annual General Meeting.

The Board approved the re-appointment of Neha Rajen Gada, Snehal Bhupendra Shah, and Sudhir Tokarshi Gosar for their second terms. All individuals confirmed that they meet the criteria of independence under the Companies Act, 2013, and confirmed that they have not been debarred from holding the office of Director.

The tenure and key details of the re-appointments are detailed below:

Director Profiles​

Neha Rajen Gada
Ms. Gada is a Chartered Accountant, Law Graduate, and Resolution Professional who began her professional career in 1997. She previously spent eight years in a managerial position at BSE Limited across various departments, including Corporate Services and Surveillance and Supervision. She was instrumental in conceptualizing and implementing compliance systems and modules at the stock exchange. Currently, she runs a consultancy firm specializing in SEBI Regulations and NBFCs, possessing vast knowledge in Securities Laws, Stock Exchange Compliances, Corporate Restructuring, Mergers, ESOPS, SME Listing, Takeover Code, and handling applications for Exemption and Consent at SEBI. Ms. Gada is not related to any of the other Directors of the Company.

Snehal Bhupendra Shah
Mr. Shah holds a graduation in Electrical Engineering from Sardar Patel University (1991) and a PGDM from IIM Bangalore (1995). Based in Mumbai, he spent 21 years in the area of private equity investing. His career began with ICICI Venture Funds Management Company Limited, followed by five years at Actis Advisers Private Limited. He later worked at Actis for eight years and served as a Partner at Fairwinds Private Equity from 2008 to 2015. Throughout his 21-year career, he was involved in the entire private equity value chain, from deal identification to exit strategy execution. He left the sector in 2015 and is an active investor in public and private markets. Mr. Shah is not related to any of the other Directors of the Company.

Sudhir Tokarshi Gosar
Mr. Gosar is a graduate of IIT Mumbai with a B.Tech in Chemical Engineering. He worked with Tata Burroughs / Tata Unisys / Tata Infotech for 15 years as a computer consultant, handling various software development assignments including data communications and networking on the Burroughs mainframe and networking devices. His clients included Burroughs computer in Philadelphia, US, and DATEV in Nuremberg, Germany. He joined In2cable, a Cable ISP of the Hinduja group, as CTO for seven years, and later served as CTO for Reliance Infocomm / Reliance BIG TV, a DTH subsidiary of RCOM. He was appointed President of the Cable & ISP Business at Telecom Software Elitecore, a business that was taken over by Sterlite Technologies. He currently works as a consultant in the Networks and Security area. Mr. Gosar is not related to any of the other Directors of the Company.

GALAPREC Stock Price Movement​

Gala Precision Engineering Limited shares today slipped by 3.05% to close at ₹841.45. The stock saw significant trading on a volume of 21,391 shares, settling near its day's low of ₹830.