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Board of Gala Print City approves sub-division of equity shares

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Capital Market

At meeting held on 29 June 2017

Gala Print City announced that in the board meeting held on 29 June 2017, besides other subjects, the following matters were considered, discussed, and approved by resolution passed thereof by the board:

1. Approved sub-division of existing equity shares of Rs. 10/- each fully paid up into equity shares of Rs. 5/- each fully paid-up subject to the approval of shareholders in the General Meeting.

2. Approved revision in Terms of Remuneration of Vishal Gala, Managing Director up to maximum of Rs. 25,00,000/-subject to the confirmation of shareholders in the General Meeting.

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First Published: Jun 29 2017 | 4:44 PM IST

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