Capital Increase7 April 2026 at 01:00 pm
Gala Global Products Ltd Increases Authorized Share Capital and Alters Capital Clause
AI Summary
Gala Global Products Ltd has announced an increase in authorized share capital and alteration in the capital clause of the Memorandum of Association (MOA). The shareholders approved the changes in an Extraordinary General Meeting (EGM) held on 4th April 2026. The new authorized share capital is Rs. 53,00,00,000/- (Rupees Fifty-three Crore Only) divided into 10,60,00,000 (Ten Crore Sixty Lakhs) Equity Shares of Rs. 5/- (Rupees Five Only) each.
Key Highlights
- Gala Global Products Ltd has increased its authorized share capital to Rs. 53,00,00,000/-
- The number of equity shares has been increased to 10,60,00,000
- The face value of the equity shares remains at Rs. 5/-
- The changes were approved by shareholders in an EGM held on 4th April 2026
- The alteration in the capital clause of the MOA is in compliance with SEBI Listing Regulations and SEBI Master Circular
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