Gala Global fined ₹56,640 for late Annual Report submission

Gala Global Products Ltd's Board of Directors reviewed a fine of ₹56,640 levied by the Bombay Stock Exchange (BSE) for the non-submission of its Annual Report within the prescribed timeline for the year ended March 31, 2026. The Board noted that the report was submitted on the BSE portal within the timeline but was inadvertently uploaded under the wrong tab. The error was rectified promptly. The Board clarified this was an administrative oversight, not wilful default. The company is seeking a waiver for the fine from BSE and reaffirms its commitment to corporate governance.