Gala Precision Engineering promoter acquires 20,000 shares

Alpa Kiran Chheda, a member of the promoter group of Gala Precision Engineering Limited , acquired 20,000 equity shares through an open market transaction on June 30, 2026. The acquisition increases the promoter group's consolidated holding in the company. The disclosure was submitted to the stock exchanges pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The shares were purchased from a seller belonging to the promoter group. Prior to the acquisition, the promoter group collectively held 54.40% of the total paid-up share capital, amounting to 69,72,592 shares. Following the purchase of 20,000 shares, the group's total holding adjusted to 69,52,592 shares, which constitutes 54.25% of the company's equity share capital.

The total equity share capital and total voting capital of Gala Precision Engineering Limited remain unchanged at 1,28,16,200 shares. The total diluted share capital also stands at 1,28,16,200 shares. The company's shares are listed on BSE Limited and the National Stock Exchange of India Limited.

Shareholding Details

The table below details the changes in the shareholding of the promoter group members following the acquisition:

Shareholder	Shares Before	Shares Acquired	Shares After	% Holding After
Alpa Kiran Chheda	2,54,400	20,000	2,34,400	1.83%
Kirit V Gala	27,94,618	0	27,94,618	21.81%
Rumie Kirit Gala	12,49,488	0	12,49,488	9.75%
Taramati V Gala	12,05,200	0	12,05,200	9.40%
Smeet Kirit Gala	5,89,144	0	5,89,144	4.60%
Vaibhavi Vishanji Gala	2,54,400	0	2,54,400	1.98%
Nayna Gala	1,52,398	0	1,52,398	1.19%
Saloni Kirit Gala	1,43,544	0	1,43,544	1.12%
Kirit V Gala HUF	1,34,400	0	1,34,400	1.05%
Rajiv and Anupa Ashar Trust	1,07,200	0	1,07,200	0.84%
Madhu Ashar	73,000	0	73,000	0.57%
Manisha Madhu Ashar	14,800	0	14,800	0.12%
Total	69,72,592	20,000	69,52,592	54.25%

Other members of the promoter group, including Anubhuti Gandhi, Rajiv Madhu Ashar, Sanjay Mahendra Gandhi, Shefali Sanjay Gandhi, Slate Workspaces Private Limited, and Workamp Spaces Private Limited, reported no shareholding or acquisition activity during this period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.76%	-0.99%	+24.73%	+43.27%	+28.80%	+48.06%

Gala Precision Engineering Limited held its 18th Annual General Meeting on July 1, 2026, through video conferencing to approve its audited financial statements and re-appoint key directors. The meeting, chaired by Mr. Kirit V. Gala, commenced at 3:30 P.M. IST and concluded at 4:01 P.M. IST. Shareholders ratified the remuneration of cost auditors for the financial year 2026-27 and approved the re-appointment of three independent directors for terms ranging from three to five years.

The company provided remote e-voting facilities from June 27, 2026, to June 30, 2026, and allowed e-voting during the meeting. All resolutions were decided via remote e-voting, with no show of hands. The company will disclose the voting results to the stock exchanges within two working days of the meeting's conclusion, in compliance with SEBI regulations.

The following business was transacted during the meeting:

Sr. No.	Agenda Item	Type of Resolution
Ordinary Business
1.	To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, along with the notes forming part thereof and together with the Reports of the Board of Directors and the Auditors thereon.	Ordinary Resolution
2.	To re-appoint a Director in place of Mr. Balkishan Shyamsunder Jalan (DIN: 02876873), Whole-time Director, who retires by rotation and, being eligible, offers himself for re-appointment.	Ordinary Resolution
Special Business
3.	To re-appoint Ms. Neha Gada (DIN: 00124603) as an Independent Director of the Company for a second term of 3 consecutive years commencing from November 30, 2026	Special Resolution
4.	To re-appoint Mr. Snehal Bhupendra Shah (DIN: 00128595) as an Independent Director of the Company for a second term of 5 consecutive years commencing from November 30, 2026	Special Resolution
5.	To re-appoint Mr. Sudhir Tokarshi Gosar (DIN: 10460551) as an Independent Director of the Company for a second term of 3 consecutive years commencing from January 11, 2027	Special Resolution
6.	To ratify the remuneration of M/s. Shekhar Joshi & Co. (Membership Number: 10700), Cost Auditors of the Company for the financial year 2026-27.	Ordinary Resolution

Three shareholder speakers raised queries during the meeting, which were addressed by the Chief Financial Officer. The meeting was declared concluded by the Company Secretary, Ms. Pooja Ladha, who also serves as the Compliance Officer. The proceedings adhered to circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.