Gala Global Products Approves Rights Issue Of Up To ₹25 Crores

Board approved fundraising up to Rs 25 Cr via rights issue of Rs 5 face value equity shares to existing eligible shareholders. Constituted Rights Issue Committee to fix price, ratio, record and issue dates; approved draft letter of offer for BSE in-principle approval and appointed intermediaries. Issue price, entitlement ratio, record date and timetable undisclosed; dilution and terms to follow committee decisions and approvals.