NSEGeneral Updates24 Aug 2026 · 24 Aug 2026, 03:42 pm

General Updates

Gala Precision Engineering Limited · GALAPREC

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Gala Precision Engineering Limited has informed the Exchange that the Income Tax proceedings at the Company's various premises have concluded. The Company has extended full cooperation to the Income Tax Officers and will continue to provide information and assistance as required. The business operations of the Company continued in the normal course during the proceedings and there is no material impact on the operations of the Company as on date.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Gala Precision Engineering Limited has informed the Exchange about General Updates

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GALAPRE_24082026154154_Closure_of_incometax_raid.pdf

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Date: 24 August 2026 BSE Limited National Stock Exchange of India Department of Corporate Services, Limited P. J. Towers, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, Mumbai - 400 001 G Block, Bandra Kurla Complex, Bandra Scrip Code: 544244 (East), Mumbai – 400 051 Scrip Name: GALAPREC Subject: Update on Income Tax Proceedings Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to our earlier disclosure regarding the search proceedings conducted by the Income Tax Department at the various premises of the Company, we wish to inform that the Income Tax proceedings at the Company’s various premises have concluded. The Company has extended full cooperation to the Income Tax Officers during the course of the proceedings and will continue to provide such information and assistance as may be required. The business operations of the Company continued in the normal course during such Income tax proceeding and there is no material impact on the operations of the Company as on date. The Company will keep the Stock Exchanges informed of any further material developments in accordance with the applicable provisions of the SEBI Listing Regulations. Kindly take the above information on record. Thanking you, Yours faithfully, For Gala Precision Engineering Limited Pooja Ladha Company Secretary and Compliance Officer Encl.: As above