Gala Global Products Ltd Share Price

History of Gala Global Products Ltd

Gala Global Products Limited (formerly known Gala Print City Limited) was incorporated on December 14, 2010. On account of Amalgamation as per NCLT Order dated May 19, 2017, the Company name was changed from Gala Print City Limited to Gala Global Products Limited effective from August 18, 2017. The Company's main business is offset printing and all types of binding, photo polymer printing, offset plate makers, letter press printing and all allied lines in offset printing and printing of packing materials, advertisement materials, carton printing and all allied lines in printing process. In 2015-16, the Company came up with an IPO of 12, 66,000 Equity Shares by raising funds from public aggregating to Rs 3.03 Crore. Through the Scheme of Amalgamation of Gala Products Limited with th ...e Company in 2016-17, the merger of Gala Products Limited into erstwhile Company was given effect on 01 April, 2016. Accordingly, Gala Products Limited got merged with the Company and the shareholders of Gala Products Limited were allotted 2 shares of the Company against 1 share held in Gala Products Limited. During the year 2023, Company has added new objects in its object clause in order to emerge itself in the business of Electric vehicle and Electric Power alongside its current business line. 1. To carry on in India or abroad the business of manufacturing, assembling, fabricating, buying, selling, trading, distributing, exporting, importing, exchanging and dealing in all types of electric vehicles, including but not limited to, electric cars, electric rikshaw, electric carts, electric vans, electric cycles, electric scooters, electric buses and other battery powered and electric vehicles. 2. To manufacture, assemble, fabricate, buy, sell, trade, export, import distribute, exchange and deal in all kinds of vehicles which are either partially or fully powered on electric power for propulsion on land, sea, or in air or in any combination thereof and vehicles of all descriptions propelled or assisted by means of electric power. 3. To act as manufacturer, assembler, fabricator, buyer, seller, exporter, importer, trader, distributor, exchanger and dealer of all kinds of components, apparatus, accessories, equipment, power batteries, swappable batteries, hybrid kits, charging stations and/or items required for the maintenance, sales growth and working of electric vehicles (EVs). 4. To run, operate, manage, lease and franchise outlets, shops and showroom to sell, buy, trade, export, import, service, repair, maintain and exchange electric vehicles of all types and descriptions in India and rest of the world.