Annual Report for the financial year 2025-26 for the 16th Annual General Meeting.

7th September 2026 BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 539228 Scrip Symbol: GGPL Subject: Submission of Notice of 16th Annual General Meeting (AGM) and Annual Report for the year 2025-2026. Dear Sir/Madam, This is to inform you that 16th Annual General Meeting (AGM) of Members of the Company will be held on Tuesday, 29th September 2026 at 11:00 AM (IST) through Video Conferencing (“VC”)/ Other Audio- Visual Means (“OAVM”) inter alia, to transact the business as stated in the Notice convening the said Annual General Meeting of the Company. Further, Pursuant to Regulation 34 (1) and Regulation 30 and other applicable Regulation of SEBI (Listing obligations and Disclosure Requirements) Regulation, 2015, and any amendments made thereunder, we are submitting herewith Notice of 16th Annual General Meeting and Annual Report for the Financial year 2025-26. The Annual Report including Notice for the financial year 2025-26 is also available on the website of the Company i.e. https://www.galaglobalhub.com/investors.html#annual-general-meeting Kindly take the same on your records and oblige. Thanking You, Yours Faithfully, For Gala Global Products Limited VISHAL MULCHANDBHAI GALA DIRECTOR DIN: 00692090 Encl.: Annual Report GALA GLOBAL PRODUCTS LTD. 16TH ANNUAL REPORT • 2025–26 16th Annual Report (2025-26) GALA GLOBAL PRODUCTS LIMITED Registered Office Address: B-1, Laxmi Com. Co. Op. Estate, B/h Old Navneet Press, Sukhramnagar, Ahmedabad, Gujarat (India) – 380021 GALA GLOBAL PRODUCTS LTD. 16TH ANNUAL REPORT • 2025–26 CONTENTS SR. NO PARTICULARS PAGE NO. 1. Company Information 3-4 2. Notice 5-20 3. Director’s Report 21-31 4. Annexure A Particulars of Employees 32-34 5. Annexure B Particulars of Corporate Governance 35-60 6. Annexure C1 Management’s Reply to Statutory Auditor’s 61-63 Observations Annexure C2 Management’s Reply to Secretarial Auditor’s 64-78 Observations 7. Annexure D Particulars of Secretarial Audit Report 79-86 8. Annexure E Secretarial Compliance Report 87-98 9. Annexure F Declaration Regarding Code of Conduct 99 10. Annexure G Certificate on Non-Disqualification of Directors 100 11. Annexure H Certificate on Corporate Governance 101 12. Management Discussion and Analysis Report 102-107 13. Auditors Report including financial statement 108-145 GALA GLOBAL PRODUCTS LTD. 16TH ANNUAL REPORT • 2025–26 COMPANY INFORMATION Board of Directors:  Mr. Vishal Mulchandbhai Gala (Executive Director & Chairperson) (W.e.f. December 14, 2010)  Mr. Prahlad Kumar Agarwal (Managing Director & CFO) (W.e.f. January 10, 2023)  Mrs. Alpa Pandya (Executive Director) (W.e.f. March 3, 2023)  Mr. Umang Sanjaybhai Selani (Non-Executive Independent Director) (W.e.f. September 3, 2022)  Mr. Vipul Laxmichand Maru (Non-Executive Independent Director) (W.e.f. September 3, 2022)  Mr. Dhruv Modi (Non-Executive Independent Director) (W.e.f. February 10, 2023)  Mr. Yagnik Kishorbhai Movaliya (Non-Executive Independent Director) (W.e.f. April 16, 2025) Company Secretary:  Mrs. Vandana Arun Baldi (With effect from September 18, 2024) Committees of Board of Directors: Audit Committee:  Umang Sanjaybhai Selani - Chairperson (W.e.f. September 30, 2022)  Vipul Laxmichand Maru - Member (W.e.f. September 30, 2022)  Dhruv Modi - Member (W.e.f. July 18, 2023) Stakeholders Relationship Committee:  Umang Sanjaybhai Selani - Chairperson (W.e.f. September 30, 2022)  Vipul Laxmichand Maru - Member (W.e.f. September 30, 2022)  Vishal Mulchandbhai Gala - Member (W.e.f. September 30, 2022) Nomination and Remuneration Committee:  Umang Sanjaybhai Selani -Chairperson (W.e.f. September 30, 2022)  Vipul Laxmichand Maru - Member (W.e.f. September 30, 2022)  Dhruv Modi -Member (W.e.f. July 18, 2023) GALA GLOBAL PRODUCTS LTD. 16TH ANNUAL REPORT • 2025–26 Auditors: Statutory Auditor  R. B. Gohil & Co.,  Chartered Accountants,  1St Floor, K.P. Shah House-1, K.V. Road, Jamnagar-361001 Secretarial Auditor  Sachin Thakkar & Associates  Practicing Company Secretaries (A peer reviewed firm)  1106/A & B, Synergy Tower, Nr. Vodafone House, corporate road, Prahlad Nagar, Ahmedabad- 380015 Registered Office: Gala Global Products Limited B-1 Laxmi Com. Co. Op. Estate, B/H Old Navneet Press, Sukhramnagar, Ahmedabad- 380021 CIN: L29109GJ2010PLC063243 Registrar & Transfer Agent: KFin Technologies Limited 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai, Maharashtra, 400070 ISIN: INE480S01026 GALA GLOBAL PRODUCTS LTD. 16TH ANNUAL REPORT • 2025–26 NOTICE OF 16TH ANNUAL GENERAL MEETING Notice is hereby given that the Sixteenth (16th) Annual General Meeting (AGM) of the Gala Global Products Limited (“the Company”) to be held on Tuesday, 29th September, 2026 at 11:00 A.M. IST through two-way-Video Conferencing (‘VC’) facility or other visual means (‘OAVM’) to transact the following businesses (the venue of the meeting shall be deemed to be the registered office of the Company): ORDINARY BUSINESSES: 1. Adoption of Financial Statements: To receive, consider and adopt the Audited Financial Statement of the Company for the Financial Year ended on 31st March, 2026 and the report of the Board of Directors and Auditors thereon; In this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolutions as Ordinary Resolution; ” RESOLVED THAT the audited financial statement of the Company for the financial year ended on 31st March, 2026 and the reports of the Board of Directors and Auditors thereon, as circulated to the members, be and are hereby considered and adopted." 2. To appoint a director in place of Mr. Vishal Mulchandbhai Gala (DIN: 00692090) Executive Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment: In this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolutions as Ordinary Resolution; “RESOLVED THAT, pursuant to the provisions of Section 152 of the Companies Act, 2013 Mr. Vishal Mulchandbhai Gala (DIN: 00692090), who retires by rotation at this meeting and being eligible has offered himself for re-appointment, be and is hereby re-appointed as a Director of the Company, liable to retire by rotation.” SPECIAL BUSINESSES: 3. To give approval for Related Party Transactions: In this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolutions as Ordinary Resolution; “RESOLVED FURTHER THAT pursuant to the Regulation 23 of Securities and Exchange Board of India " (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended from time to time, pursuant to Section 188 of the Companies Act, 2013 ("Act") read with Rules made thereunder, other applicable laws/statutory provisions, if any [including any statutory GALA GLOBAL PRODUCTS LTD. 16TH ANNUAL REPORT • 2025–26 modification(s) or amendment(s) or re-enactment(s) thereof, for the time being in force], subject to such approval(s), consent(s), permission(s) as may be necessary from time to time and basis the approval and recommendation of the Audit Committee and the Board of Directors of the Company, approval of the Members of the Company be and is hereby accorded to the Board of Directors of the Company to enter/continue to enter into Related Party Transaction(s)/Contract(s)/ Arrangement(s)/Agreement(s) (whether by way of an individual transaction or transaction taken together or series of transactions or otherwise) with related parties defined in Section 2(76) of the Companies Act and SEBI Listing Regulations, during financial year 2026-27, for an aggregate value not exceeding Rs. 20,00,00,000/- (Rupees Twenty Crores), on such terms and conditions as detailed in the explanatory statement to this Resolution and as may be mutually agreed between the related party and the Company, provided th [Showing first 8,000 characters — download PDF for full document]