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Gala Precision Engineering Limited — Board/Management Information 2026
May 14, 2026
59971_rns_2026-05-14_cb34549b-c3c9-485e-b2dd-11f071fa42b8.pdf
Board/Management Information
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GALA PRECISION ENGINEERING
May 14, 2026
To,
BSE Limited
Department of Corporate Services,
P. J. Towers, Dalal Street,
Mumbai - 400 001.
Scrip Code: 544244
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot No. C/1, G Block,
Bandra Kurla Complex, Bandra (East), Mumbai
- 400 051.
Scrip Name: GALAPREC
Sub: Re-appointment of Ms. Neha Rajen Gada, Mr. Snehal Bhupendra Shah and Mr. Sudhir Tokarshi Gosar as Independents Directors of Gala Precision Engineering Limited (the "Company").
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations"), we hereby inform that the Board of Directors of the Company, at their meeting held today i.e. Today, May 14, 2026, have inter alia, based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of
a. Ms. Neha Rajen Gada (DIN: 01642373), as a Non-Executive Independent Director of the Company for her second term of 3 (Three) consecutive years commencing from November 30, 2026 up to November 29, 2029, subject to approval of the Shareholders of the Company by way of a Special Resolution at the ensuing Annual General Meeting of the Company.
Further, Ms. Neha Rajen Gada has confirmed that she meet the criteria of 'independence' under Section 149 of the Companies Act, 2013 and Regulation 16 of the SEBI Listing Regulations. Furthermore she has also confirmed that she has not been debarred from holding the office of Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority.
b. Mr. Snehal Bhupendra Shah (DIN: 00128595), as a Non-Executive Independent Director of the Company for her second term of 5 (Five) consecutive years commencing from November 30, 2026 up to November 29, 2031, subject to approval of the Shareholders of the Company by way of a Special Resolution at the ensuing Annual General Meeting of the Company.
Further, Mr. Snehal Bhupendra Shah has confirmed that he meet the criteria of 'independence' under Section 149 of the Companies Act, 2013 and Regulation 16 of the SEBI Listing Regulations. Furthermore he has also confirmed that he has not been debarred from holding the office of Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority.
c. Mr. Sudhir Tokarshi Gosar (DIN: 10460551), as a Non-Executive Independent Director of the Company for her second term of 3(Three) consecutive years commencing from January 11, 2027 up to January 10, 2030, subject to approval of the Shareholders of the Company by way of a Special Resolution at the ensuing Annual General Meeting of the Company.
Further, Mr. Sudhir Tokarshi Gosar has confirmed that he meet the criteria of 'independence' under Section 149 of the Companies Act, 2013 and Regulation 16 of the SEBI Listing Regulations. Furthermore he has also confirmed that he has not been debarred from holding the
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522
GALA
PECISION ENGINEERING
office of Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority.
The details as required under Regulation 30 of SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (“SEBI Circulars”) is provided in the Annexure A
Kindly take the above-mentioned information on records.
Thanks & Regards,
For Gala Precision Engineering Limited
POOJA
LADHA
Digitally signed by POOJA LADHA
DN: c-48c-a-49950046c,
www.phmpm-cd16601132-004a.D09165dd.11012300
C.C. E. DE HARRAND KOMACO / VERDEGULACY 2.23%
B.A. RELL CO. SCHUST / VERDEGUL 2000C.
J. M. SCHWARTZ / A. M. SCHWARTZ / R. M. SCHWARTZ
V. R. SCHWARTZ / A. R. SCHWARTZ
R. M. SCHWARTZ / A. R. SCHWARTZ
R. M. SCHWARTZ / A. R. SCHWARTZ
Pooja Ladha
Company Secretary and Compliance Officer
Encl: a/a
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522
GALA PRECISION ENGINEERING
Annexure A
Details required under Regulation 30 of SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Reason for change viz. appointment, cessation, resignation, removal, death or otherwise; | Re-appointment |
| 2. | Date of appointment, re-appointment, cessation (as applicable) and terms of appointment/ re-appointment; | The Board of Directors upon the recommendations of Nomination and Remuneration Committee at its meeting held today i.e. May 14, 2026, approved the appointment of Ms. Neha Rajen Gada (DIN: 01642373) as a Non-Executive Independent Director of the Company for her second term of 3 (Five) consecutive years commencing from November 30, 2026 up to November 29, 2029, subject to approval of members at the ensuing Annual General Meeting of the Company. |
| 3. | Brief profile (in case of appointment) | Neha is a Chartered Accountant, a Law Graduate and a Resolution Professional. She started her professional career in the year 1997. |
| She has served at managerial position for eight years at BSE Limited in various departments including Corporate Services, Surveillance and Supervision. She was instrumental in conceptualizing and implementing various systems and modules for compliances at Stock Exchange. | ||
| Presently, she runs a consultancy firm and specializes in matters related to SEBI Regulations & NBFCs. She has vast knowledge in the fields of Securities Laws, Compliances with Stock Exchange, Corporate Restructuring, Mergers, ESOPS, SME Listing, Takeover Code, handling Exemption and Consent applications at SEBI and Advising on Resolution Plan for listed companies | ||
| 4. | Disclosure of Relationships between Directors (in case of Appointment of a Director) | Ms. Neha Rajen Gada is not related to any of the other Directors of the Company. |
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522
GALA
PRAECTION ENGINEERING
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Reason for change viz. appointment, cessation, resignation, removal, death or otherwise; | Re-appointment |
| 2. | Date of appointment, re-appointment, cessation (as applicable) and terms of appointment/ re-appointment; | The Board of Directors upon the recommendations of Nomination and Remuneration Committee at its meeting held today i.e. May 14, 2026, approved the appointment of Mr. Snehal Bhupendra Shah (DIN: 00128595) as a Non-Executive Independent Director of the Company for her second term of 5 (Five) consecutive years commencing from November 30, 2026 up to November 29, 2031, subject to approval of members at the ensuing Annual General Meeting of the Company. |
| 3. | Brief profile (in case of appointment) | Mr. Snehal Shah is an electrical engineering graduate from Sardar Patel University (1991) and a PGDM holder from IIM Bangalore (1995). He is based out of Mumbai and spent 21 years in the area of private equity investing. He started his career with ICICI Venture Funds Management Company Limited, and after spending 5 years, moved to Actis Advisers Private Limited. He spent 8 years with Actis and then moved to Fairwinds Private Equity as a Partner, from 2008 to 2015. Throughout his career spanning 21 years, he was deeply involved in the entire value chain of private equity investing - from the initial stages of deal identification to the execution of exit strategies. He left the sector in 2015 and currently pursues his passion for trekking and traveling. He is also an active investor in the public and private markets. |
| 4. | Disclosure of Relationships between Directors (in case of Appointment of a Director) | Mr. Snehal Bhupendra Shah is not related to any of the other Directors of the Company. |
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522
GALA
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Reason for change viz. appointment, cessation, resignation, removal, death or otherwise; | Re-appointment |
| 2. | Date of appointment, re-appointment, cessation (as applicable) and terms of appointment/ re-appointment; | The Board of Directors upon the recommendations of Nomination and Remuneration Committee at its meeting held today i.e. May 14, 2026, approved the appointment of Mr. Sudhir Tokarshi Gosar (DIN: 10460551) as a Non-Executive Independent Director of the Company for her second term of 3 (Five) consecutive years commencing from January 11, 2027 up to January 10, 2030, subject to approval of members at the ensuing Annual General Meeting of the Company. |
| 3. | Brief profile (in case of appointment) | Sudhir Tokarshi Gosar, graduate from IIT Mumbai with B.Tech in Chemical Engineering, worked with Worked with Tata Burroughs / Tata Unisys / Tata Infotech for 15 years as consultant in computer consultant. Projects included various software development assignments including data communications and networking on the Burroughs mainframe and networking devices. Clients include Burroughs computer Philadelphia US, DATEV - Nuremberg W. Germany, BBL - Brussels etc. Joined In2cable, a Cable ISP of Hinduja group as CTO for a period of 7 years. Worked with Reliance Infocome / Relince BIG TV, a DTH operation / subsidiary of RCOM as CTO. Joined Telecom Software Elitecore as President Cable & ISP Business, which was taken over by Sterlite Technologies. Presently as a consultant in Networks and Security area. |
| 4. | Disclosure of Relationships between Directors (in case of Appointment of a Director) | Mr. Sudhir Tokarshi Gosar is not related to any of the other Directors of the Company. |
Regd. Office
Gala Precision Engineering Limited
A-801, 8th Floor, Thane One, DIL Complex
Ghodbunder Road, Majiwada, Thane West, Pincode - 400 610
Tel. : +91 22 6930 9224
Email : [email protected]
Website: www.galagroup.com
CIN No. L29268MH2009PLC190522