<h1>Gala Precision Engineering Concludes Income Tax Proceedings, Reports No Material Impact on Operations</h1>
Gala Precision Engineering Limited has announced the conclusion of Income Tax proceedings that were conducted at its various premises. The company confirmed that it provided full cooperation to the Income Tax Officers throughout the course of the proceedings.
The company stated that business operations continued normally during the Income Tax proceedings. Management assured stakeholders that there is no material impact on the company's operations as of date.
The proceedings followed the prior notification regarding the search conducted by the Income Tax Department. Gala Precision Engineering Limited affirmed that it will continue to provide any required information and assistance as needed.
The company added that it will keep the Stock Exchanges informed regarding any further material developments related to the matter.
GALAPREC Stock Price Movement
Today, the stock of Gala Precision Engineering Limited shed 0.95% in post-market trading, closing at ₹1,093.90. The equity saw a total traded volume of 43,724 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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