Intimation of Board of Director''s comments on the fine levied by Bombay Stock Exchange pursuant to Regulation 30 of SEBI (LODR), 2015.

Date: 28th July 2026 BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 539228 Dear Sir/Ma’am, Sub.: Board Comments on the fine levied by the Bombay Stock Exchange Limited Pursuant to the SEBI Master Circular No. SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 (“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026, we wish to inform you that an email received from the Bombay Stock Exchange (BSE) dated 22nd June, 2026, concerning a delay in compliance, was placed before the Board of Directors at its meeting held on July 22, 2026. The Board reviewed the matter regarding the delayed submission of secretarial compliance report under Regulation 24(A) of the SEBI (LODR) Regulations, 2015, for the year ended March 31, 2026. The Board noted that the delay in the subject submission was entirely unintentional and occurred due to unforeseen technical difficulties beyond control. The process was initiated well within the prescribed timelines, but due to the system glitch on the exchange's electronic filing portal, the submission could not be completed on time. The company had also sent an email to BSE on May 30, 2026. Consequently, the formal submission was delayed by a marginal period. The Board clarified that this issue arose due to technical glitches and does not reflect the company's underlying governance standards. Further, the company has already paid the fine of ₹2,000 plus 18% GST (total amounting to ₹2,260) as levied by the NSE. The Board reaffirms its ongoing commitment to maintaining the highest standards of corporate governance and compliance. You are requested to kindly take the same on your record Thanking you FOR GALA GLOBAL PRODUCTS LIMITED VISHAL MULCHANDBHAI GALA Director DIN: 00692090 7/28/26, 10:55 AM Gmail - 539228-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 … CS gala <cs.gala2003@gmail.com> 539228-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance) 1 message bse.soplodr <bse.soplodr@bseindia.com> Mon, Jun 22, 2026 at 5:25 PM To: "inf.galaglobal@gmail.com" <inf.galaglobal@gmail.com>, "cs.gala2003@gmail.com" <cs.gala2003@gmail.com>, "csvandanabaldi@gmail.com" <csvandanabaldi@gmail.com> Cc: "bse.soplodr" <bse.soplodr@bseindia.com> Ref.: SOP-Review/ 24A-(FYMar-26) The Company Secretary/Compliance Officer Company Name: Gala Global Products Ltd Scrip Code: 539228 Dear Sir/Madam, Sub: Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance) The company is advised to refer to the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 issued by Securities and Exchange Board of India (SEBI) with respect to penal actions prescribed for non- compliance of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Standard Operating Procedure for suspension and revocation of trading of specified securities of listed entities. The Exchange had also issued a guidance note regarding the provisions of the said SEBI circular which is disseminated on the Exchange website at the following link: https://www.bseindia.com/downloads1/Guidance_Note_for_SEBI_SOP_Circular.pdf In this regard it is observed that the company is non-compliant/late compliant with the following Regulations for the period mentioned below: Applicable Regulation Fine prescribed Fines levied Fine payable by the company Compliance status of SEBI (LODR) (*) Regulations, 2015 (inclusive of GST @ 18 %) as on June 22,2026 Basic Fine GST @ 18 Total Fine % payable Regulation 24A(2) Rs. 2,000/- per For the Year 2000 360 2360 Late submission day till the date ended March Non-compliance with of compliance. 2026 submission of secretarial compliance report (*)As per the provisions of the circular the fines will continue to be computed further till the time of rectification of the non- compliance to the satisfaction of the Exchange or till the scrip of the listed entity is suspended from trading for non-compliance with aforesaid provisions. The Company is therefore advised to note that as per the provisions of this circular: The company is required to ensure compliance with above regulation and ensure to pay the aforesaid fines including GST within 15 days from the date of this letter/email, failing which Exchange shall, pursuant to the provisions of the aforesaid circular, initiate action related to freezing of the entire shareholding of the promoter in this entity as well as all other securities held in the demat account of the promoter. The company is advised to bring the provisions of this Circular to the notice of promoter of the company. https://mail.google.com/mail/u/0/?ik=dbc6b7b587&view=pt&search=all&permthid=thread-f:1868698056067780493&simpl=msg-f:1868698056067… 1/3 7/28/26, 10:55 AM Gmail - 539228-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 … The company is also advised to ensure that the subject matter of non-compliance which has been identified and indicated by the Exchange and any subsequent action taken by the Exchange in this regard shall be placed before the Board of Directors of the company in its next meeting. Comments made by the board shall be duly informed to the Exchange for dissemination. Yours faithfully Reena Raphel Yashaswini Verma Manager-Listing Compliance Deputy Manager- Listing Compliance In case of any further queries please email the following ids: Particulars Email Id Query on compliance Yashaswini.Verma@bseindia.com Aarti.Jadhav@bseindia.com Query on remittance bse.soplodr@bseindia.com Company is requested to remit the fine amount to the following designated VIRTUAL BANK ACCOUNT of the Exchange: Company Name Gala Global Products Ltd Account Name Bank Name & Branch Virtual Bank Account No.* IFSC Code BSE Limited ICICI Bank Ltd.- CMS Branch BSER10946 ICIC0000104 *Note: This bank account is specifically dedicated to SOP related fines only, Therefore, company is advised not to deposit/credit any amount payable other than SOP fines/penalties. The company is required to submit fine remittance details in the following format given at Annexure I to Email id: bse.soplodr@bseindia.com Annexure-I (On letterhead of the company) Sub: Details of Payment of fines for Non-Compliance with Regulations of SEBI (LODR) Regulations, 2015. Remittance details: Scrip Regulation & Bank UTR Date of Amount paid TDS deducted, if Net Amount paid Code Quarter number Payment any https://mail.google.com/mail/u/0/?ik=dbc6b7b587&view=pt&search=all&permthid=thread-f:1868698056067780493&simpl=msg-f:1868698056067… 2/3 7/28/26, 10:55 AM Gmail - 539228-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 … This mail is classified as 'CONFIDENTIAL' by Reena Raphel on June 22, 2026 at 17:25:07. https://mail.google.com/mail/u/0/?ik=dbc6b7b587&view=pt&search=all&permthid=thread-f:1868698056067780493&simpl=msg-f:1868698056067… 3/3