GALA PRECISION : ACQUIRES LAND FOR CAPACITY EXPANSION 🏭📈

• 📍 Entered into MOU to acquire 10.16 acres of industrial land at Village Vardha, Taluka Wada, District Palghar, Maharashtra • 💰 Total acquisition cost stands at ₹9 Crore • 🏗️ Land to be used for new manufacturing facilities, capacity expansion, warehousing, utilities and ancillary operations • 📈 Acquisition aimed at enhancing production capacity and strengthening infrastructure capabilities • 🤝 Company has already paid earnest money of ₹11.99 lakh as per MOU terms • ✅ Transaction is not a related-party transaction • 📑 Acquisition subject to title verification, due diligence, regulatory approvals and execution of final sale deed 🟢 Impact: Positive (Land acquisition supports long-term expansion plans, manufacturing capacity growth and future business scalability.)

GALA PRECISION ENG LTD

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