Galactico Corp Services clarifies shareholding in AGM corrigendum
- Galactico Corporate Services Ltd issued an AGM corrigendum on September 8, 2026
- Promoter holding rises to 50.38% from 45.51% post-preferential issue
- Total shares increase to 2,01,283,935 from 18,32,83,935
- Charushila Vipul Lathi's stake jumps to 50.35%
- AGM scheduled for September 12, 2026
*this image is generated using AI for illustrative purposes only.
Galactico Galactico Corporate Services Limited issued a corrigendum to its Annual General Meeting (AGM) notice on September 8, 2026, addressing queries from BSE Limited regarding shareholding patterns.
The company, a SEBI-registered Category I Merchant Banker, stated that the corrigendum forms an integral part of the AGM notice dated August 13, 2026. The meeting is scheduled for September 12, 2026, at 1:00 pm.
Shareholding Pattern Changes
The corrigendum discloses the pre- and post-issue shareholding pattern pursuant to Regulation 163(1)(d) of the SEBI (ICDR) Regulations, 2018. The data reflects changes following a preferential issue.
| Category | Pre-Issue Shares | Pre-Issue % | Post-Issue Shares | Post-Issue % |
|---|---|---|---|---|
| Promoter Holding | 8,34,14,516 | 45.51% | 10,14,14,516 | 50.38% |
| Public Holding | 9,98,69,419 | 54.49% | 9,98,69,419 | 49.62% |
| Total | 18,32,83,935 | 100% | 2,01,283,935 | 100% |
Promoter holding increased from 45.51% to 50.38% post-issue. Public holding correspondingly decreased from 54.49% to 49.62%. The total number of shares rose from 18,32,83,935 to 2,01,283,935.
Promoter Group Details
Within the promoter group, Charushila Vipul Lathi’s holding increased significantly. Her stake rose from 8,33,42,304 shares (45.47%) to 10,13,42,304 shares (50.35%). Other promoter holdings remained unchanged:
- Vipul Dileep Lathi: 68,812 shares (0.04% pre-issue; 0.034% post-issue)
- Saroj Dileep Lathi: 800 shares (0.00%)
- Vikas Dileep Lathi: 2,600 shares (0.00%)
Regulatory Compliance
The company confirmed compliance with Regulation 163(2) of the SEBI (ICDR) Regulations, 2018, by hosting the relevant certificate on its website. The corrigendum was signed by Director and CFO Vipul Dileep Lathi on September 8, 2026.
Historical Stock Returns for Galactico Corp services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -3.08% | +12.24% | +25.00% | -3.51% | 0.0% |
What strategic rationale drove Galactico to increase promoter holding to over 50% via a preferential issue, and how will the raised capital be deployed?
How might the dilution of public holding from 54.49% to 49.62% impact retail investor sentiment and stock liquidity in the near term?
Will the increased promoter stake enhance board control stability, and are there any impending changes in corporate governance or management structure?
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