Gala Precision Engineering Limited has scheduled its 18th Annual General Meeting (AGM) for July 1, 2026, via video conferencing to approve the audited financial statements for the year ended March 31, 2026. The company reported a 32.12% increase in profit after tax (PAT) to ₹35.54 crores for FY26, driven by a 32.15% rise in revenue from operations to ₹314.30 crores. The meeting will also seek shareholder approval for the re-appointment of three independent directors and the ratification of the cost auditor's remuneration.

Financial Performance

The standalone revenue from operations grew to ₹314.30 crores in FY26 from ₹237.84 crores in the previous year. Standalone PAT rose to ₹35.54 crores from ₹26.90 crores. On a consolidated basis, revenue from operations matched the standalone figure at ₹314.30 crores, while PAT increased 32.14% to ₹35.48 crores from ₹26.85 crores. The Board of Directors has not recommended any dividend for the year.

Key financial ratios as at March 31, 2026, showed a current ratio of 3.42 and a debt-equity ratio of 0.12. The return on capital employed improved to 15.55% from 14.41% in the prior year.

Agenda for the 18th AGM

The AGM will be held on Wednesday, July 1, 2026, at 3:30 PM IST. Shareholders will vote on the re-appointment of Mr. Balkishan Jalan (DIN 02876873), Whole-time Director, who retires by rotation. Special resolutions have been proposed for the re-appointment of Ms. Neha Rajen Gada (DIN: 01642373) as an Independent Director for a second term of 3 years commencing from November 30, 2026, and Mr. Snehal Bhupendra Shah (DIN: 00128595) as an Independent Director for a second term of 5 years commencing from November 30, 2026. Additionally, Mr. Sudhir Tokarshi Gosar (DIN: 10460551) is proposed for re-appointment as an Independent Director for a second term of 3 years commencing from January 11, 2027.

An ordinary resolution seeks the ratification of remuneration for M/s. Shekhar Joshi & Co., Cost Auditors, at ₹100,000 per annum plus applicable taxes and out-of-pocket expenses for FY 2026-27.

E-Voting and Compliance

Remote e-voting facilities are available through MUFG Intime India Private Limited from June 27, 2026, to June 30, 2026. The cut-off date for determining voting eligibility is June 24, 2026. The statutory auditor, SCA & Associates, issued an unmodified opinion on the financial statements. The company operates in the Springs Technology and Special Fastening Solutions sectors and holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and IATF 16949 certifications.

Gala Precision Engineering Limited has scheduled a virtual meeting for analysts and institutional investors on June 11, 2026. The interaction is set to take place at 4:00 P.M. and is organized by Valorem Advisors. The company stated that no unpublished price sensitive information will be shared during the session.

The disclosure was made to the exchanges pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule provided to the exchanges outlines the specific details of the interaction.

The company noted that the schedule is subject to change. Pooja Ladha, Company Secretary and Compliance Officer, signed the intimation on behalf of Gala Precision Engineering Limited.