Galaxy Agrico Exports: Promoter Amrita Jitendra Shah Disposes Entire 0.42% Stake

1 min read     Updated on 01 Apr 2026, 11:11 PM
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Radhika SScanX News Team
AI Summary

Amrita Jitendra Shah, a promoter of Galaxy Agrico Exports Limited, has disposed of her entire 0.42% shareholding comprising 74,955 equity shares through open market transactions. The substantial acquisition disclosure filed under SEBI SAST Regulations shows her holding reduced to zero post-transaction. The disclosure was made on March 30, 2026, with the BSE-listed company having a total equity capital of 1,74,92,626 shares of Rs. 10 each.

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Galaxy Agrico Exports Limited has received a substantial acquisition disclosure from promoter Amrita Jitendra Shah under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The disclosure pertains to the complete disposal of Shah's shareholding in the company through open market transactions.

Transaction Details

The disposal involved Shah's entire holding of equity shares carrying voting rights in Galaxy Agrico Exports Limited. The transaction details are presented below:

Parameter Before Transaction Transaction After Transaction
Shares Held 74,955 74,955 (sold) 0
Percentage of Total Capital 0.42% 0.42% 0.00%
Percentage of Diluted Capital 0.42% 0.42% 0.00%

Company Share Capital Structure

Galaxy Agrico Exports Limited's equity structure comprises 1,74,92,626 equity shares of Rs. 10 each. The company's shares are listed on the Bombay Stock Exchange Limited, where this substantial acquisition disclosure has been filed.

Regulatory Compliance

The disclosure was made in compliance with SEBI's SAST Regulations, which mandate reporting of substantial acquisitions or disposals of shares. As a promoter of the company, Amrita Jitendra Shah was required to file this disclosure following the complete divestment of her stake.

Filing Details Information
Filing Date March 30, 2026
Transaction Mode Open Market
Filing Location Rajkot
Acquirer Status Promoter

Key Highlights

  • Complete disposal of promoter shareholding through open market transactions
  • Transaction represents 0.42% of the company's total equity capital
  • Post-transaction, the promoter holds zero shares in the company
  • Disclosure filed in compliance with SEBI SAST Regulations
  • Company maintains listing status on Bombay Stock Exchange Limited

The transaction marks a complete exit by the promoter from her equity position in Galaxy Agrico Exports Limited, with all 74,955 shares being disposed of through open market operations.

Historical Stock Returns for Galaxy Agrico Exports

1 Day5 Days1 Month6 Months1 Year5 Years
+3.68%+16.86%+3.82%+18.58%+18.58%+18.58%

What strategic changes might Galaxy Agrico Exports pursue now that promoter Amrita Jitendra Shah has completely exited her position?

Could this promoter exit signal potential acquisition interest from other companies in the agricultural exports sector?

How might the remaining promoter group's control and decision-making dynamics change following this complete divestment?

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Galaxy Agrico Exports: Promoter Suketa Sanjay Patel Reduces Shareholding to Zero Through Open Market Sale

1 min read     Updated on 01 Apr 2026, 06:35 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Suketa Sanjay Patel, a promoter of Galaxy Agrico Exports Limited, has completely divested her shareholding through open market transactions as disclosed under SEBI regulations on March 30, 2026. She disposed of 49,500 shares, reducing her holding from 1,50,000 shares (0.85%) to zero. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations 2011, ensuring regulatory compliance and transparency for this significant change in promoter holding.

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Galaxy Agrico Exports Limited has received a disclosure from promoter Suketa Sanjay Patel regarding a substantial reduction in her shareholding. The disclosure, filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations 2011, details the complete disposal of her equity stake in the company.

Transaction Details

The disclosure reveals significant changes in Patel's shareholding position through open market transactions:

Parameter Before Transaction Transaction After Transaction
Shares Held 1,50,000 Disposed 49,500 0
Percentage Holding 0.85% 0.85% 0.00%
Transaction Mode - Open Market -

Company Information

Galaxy Agrico Exports Limited maintains its listing on the Bombay Stock Exchange Limited. The company's equity structure comprises:

Details Specification
Total Equity Shares 1,74,92,626
Face Value per Share ₹10
Listing Exchange Bombay Stock Exchange Limited
Disclosure Date March 30, 2026

Regulatory Compliance

The disclosure was submitted in accordance with SEBI regulations governing substantial acquisitions and disposals. Suketa Sanjay Patel, identified as a promoter of the company, filed the necessary documentation from Rajkot, confirming her complete exit from the equity position.

The transaction represents a notable change in the company's promoter holding structure, with Patel's stake being completely divested through open market sales. The disclosure ensures transparency and regulatory compliance as mandated under SEBI's substantial acquisition regulations.

Filing Details

The formal disclosure was addressed to the Bombay Stock Exchange Limited's Department of Corporate Services, with specific reference to the company's scrip code. The documentation confirms that all regulatory requirements have been met for this substantial shareholding change, providing stakeholders with complete transparency regarding the promoter's divestment decision.

Historical Stock Returns for Galaxy Agrico Exports

1 Day5 Days1 Month6 Months1 Year5 Years
+3.68%+16.86%+3.82%+18.58%+18.58%+18.58%

What strategic factors might have motivated the promoter's complete exit from Galaxy Agrico Exports at this time?

How will the reduction in promoter shareholding affect Galaxy Agrico's corporate governance and decision-making processes?

Could this divestment signal potential acquisition interest from other investors or companies in the agri-export sector?

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1 Year Returns:+18.58%