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
+3.78%	-5.55%	-1.19%	+52.89%	+32.45%	+44.48%

Gala Precision Engineering has signed a Memorandum of Understanding (MoU) to acquire approximately 10.16 acres of industrial land in Palghar, Maharashtra, for an aggregate consideration of ₹9 crore. The transaction is aimed at supporting the company's existing business operations and future expansion plans by facilitating the establishment of new manufacturing and operational facilities. The land is located at Village Vardha, Taluka Wada, and bears Gut Nos. 25, 29/2, 33/3 and 33/5.

Transaction Details

The acquisition involves a total consideration of ₹9 crore, with a token amount of ₹11,99,000 paid as per the terms of the MoU. The agreement was entered into with six sellers, including Shri Dilipsingh Analsingh Hira and Shri Surendrasingh Analsingh Hira, who are the legal heirs of the original landowners. The company confirmed that the sellers are not related parties, and the transaction does not fall within related party transactions.

Parameter	Details
Land Area	10.16 acres
Location	Village Vardha, Taluka Wada, Palghar
Acquisition Cost	₹9 crore
Token Amount Paid	₹11,99,000
Purpose	Capacity Expansion

Conditions and Timeline

The proposed acquisition is subject to the completion of title verification, legal and technical due diligence, and mutation formalities. Possession of the land will be handed over only upon the execution and registration of the final sale deed. The timeline for the execution of the final sale deed is proposed to be within the period agreed between the parties, contingent upon the fulfilment of these conditions precedent.