Gala Precision Engineering Limited has successfully allotted 47,275 equity shares to eligible employees under its Employee Stock Option Plan 2021 (GALA ESOP 2021). The allotment was approved by the company's Nomination and Remuneration Committee through a circular resolution passed on February 6, 2026.

Share Allotment Details

The allotted equity shares carry a face value of INR 10 each and will rank pari-passu with the existing shares of the company in all respects. The company is currently completing formalities for listing these newly allotted equity shares on the stock exchanges.

Impact on Share Capital

Following this allotment, the company's equity share capital has been restructured significantly. The total number of equity shares has increased from 1,27,50,276 to 1,27,97,550, representing the successful exercise of employee stock options under the ESOP 2021 scheme.

ESOP Scheme Framework

The GALA ESOP 2021 scheme covers a total of 1,46,200 equity shares, with the current disclosure relating to the allotment of 47,275 shares. The scheme operates under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring compliance with regulatory requirements.

Key Features of the ESOP Plan:

• Exercise Period: Options can be exercised up to 5 years from the date of grant
• Minimum Exercise Price: Not less than face value of INR 10 per equity share
• Vesting: In accordance with GALA ESOP 2021 terms
• Payment Method: Cheque, draft, or other mechanisms as decided by the Board

Regulatory Compliance

The company has filed the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the 10(b) statement was submitted with BSE and NSE on December 23, 2024, along with the application for in-principle approval.

The newly issued shares carry ISIN number INE0RE001014 and are identical in all respects to the existing equity shares of the company. No lock-in provisions apply to these shares, and no additional listing fees are payable for this allotment.

Gala Precision Engineering delivered strong financial performance in Q3, showcasing significant growth in both profitability and revenue metrics. The company's results demonstrate robust operational execution and market demand for its precision engineering solutions.

Financial Performance Overview

The company's Q3 financial results reflect substantial improvement across key performance indicators. Net profit showed particularly strong momentum, while revenue growth indicated healthy business expansion during the quarter.

Profitability Analysis

Gala Precision Engineering's net profit reached 83M rupees in Q3, compared to 53M rupees in the corresponding quarter of the previous year. This represents a significant 57% year-on-year increase, indicating improved operational efficiency and stronger margins. The substantial profit growth demonstrates the company's ability to effectively manage costs while expanding its business operations.

Revenue Growth Momentum

The company's revenue performance showed equally impressive results, with Q3 revenue climbing to 853M rupees from 581M rupees year-on-year. This 47% increase reflects strong market demand and successful business execution. The revenue growth provides a solid foundation for the company's continued expansion in the precision engineering sector.

Business Performance Summary

The Q3 results position Gala Precision Engineering favorably within the precision engineering industry. The company's ability to achieve substantial growth in both revenue and profitability indicates effective strategic execution and operational management. These financial metrics reflect the company's competitive positioning and market presence during the reporting period.