Galaxy Agrico Exports: Promoter Jay Ashwinbhai Shah Disposes Entire 0.01% Stake Through Open Market Sale

1 min read     Updated on 25 Mar 2026, 09:30 PM
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AI Summary

Jay Ashwinbhai Shah, a promoter of Galaxy Agrico Exports Limited, has disposed of his entire shareholding of 2,500 equity shares (0.01% stake) through open market transactions on March 23, 2026. The regulatory filing under SEBI regulations shows Shah's holding has reduced to zero from 0.01%, representing a complete divestment. The BSE-listed company has a total equity share capital of 1,74,92,626 shares of Rs. 10 each.

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Jay Ashwinbhai Shah, a promoter of Galaxy Agrico Exports Limited, has completely disposed of his entire shareholding in the company through open market transactions, according to a regulatory filing made under SEBI's disclosure requirements.

Transaction Details

The disposal transaction was executed on March 23, 2026, involving 2,500 equity shares representing 0.01% of the company's total voting capital. The transaction was conducted through open market sales, as disclosed in the filing submitted to the Bombay Stock Exchange.

Transaction Parameter: Details
Shares Disposed: 2,500 equity shares
Transaction Date: March 23, 2026
Mode of Sale: Open market
Percentage of Total Capital: 0.01%

Shareholding Pattern Changes

The regulatory disclosure reveals a complete divestment by the promoter, with Shah's holding reducing to zero following the transaction.

Holding Period: Number of Shares Percentage
Before Disposal: 2,500 0.01%
After Disposal: 0 0.0%
Net Change: -2,500 -0.01%

Company Information

Galaxy Agrico Exports Limited is listed on the Bombay Stock Exchange Limited with scrip code 531911. The company's total equity share capital comprises 1,74,92,626 equity shares of Rs. 10 each.

Regulatory Compliance

The disclosure was filed in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Jay Ashwinbhai Shah, identified as a promoter of the company, submitted the required documentation to the BSE's Department of Corporate Services.

The filing indicates that Shah held no encumbered shares, voting rights other than through equity shares, or convertible securities before or after the transaction. The disposal represents a complete exit by the promoter from his equity position in the company.

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%

Will other promoters of Galaxy Agrico Exports follow suit and reduce their shareholdings in the coming months?

How might this promoter exit impact Galaxy Agrico Exports' stock price and investor confidence in the near term?

What strategic changes or corporate restructuring might Galaxy Agrico Exports pursue following this promoter divestment?

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Galaxy Agrico Exports Promoter Gangji Jeram Sadariya Disposes Complete 0.59% Stake

1 min read     Updated on 25 Mar 2026, 02:21 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Galaxy Agrico Exports Limited promoter Gangji Jeram Sadariya has disposed of his complete shareholding of 1,03,000 shares (0.59% stake) through open market transaction on March 23, 2026. The disposal reduces his holding to zero from the previous 0.59% stake. The transaction was conducted in compliance with SEBI takeover regulations and disclosed to Bombay Stock Exchange. The company's total equity capital remains at 1,74,92,626 shares of Rs. 10/- each.

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Galaxy Agrico Exports Limited has announced a significant shareholding change as promoter Gangji Jeram Sadariya has completely disposed of his stake in the company. The transaction, executed on March 23, 2026, involved the sale of the promoter's entire shareholding through open market operations.

Transaction Details

The disposal involved a complete exit by the promoter from his equity position in the company. The key transaction parameters are outlined below:

Parameter: Details
Shares Disposed: 1,03,000 equity shares
Percentage of Total Capital: 0.59%
Transaction Mode: Open market
Transaction Date: March 23, 2026
Previous Holding: 1,03,000 shares (0.59%)
Post-Transaction Holding: 0 shares (0.0%)

Shareholding Analysis

The transaction represents a complete divestment by promoter Gangji Jeram Sadariya, who previously held 1,03,000 shares representing 0.59% of the company's total share capital. Following the disposal, his shareholding has been reduced to zero.

Holding Period: Number of Shares Percentage Holding
Before Disposal: 1,03,000 0.59%
After Disposal: 0 0.0%
Change: -1,03,000 -0.59%

Company Capital Structure

Galaxy Agrico Exports Limited maintains its equity share capital structure with 1,74,92,626 equity shares of Rs. 10/- each. The company's shares are listed on the Bombay Stock Exchange Limited, where this promoter transaction was executed.

Regulatory Compliance

The disclosure has been made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction documentation was filed with the Bombay Stock Exchange on March 23, 2026, ensuring full regulatory compliance for the promoter's complete exit from the company.

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 implement following the complete exit of promoter Gangji Jeram Sadariya?

Will the company seek new strategic investors or promoters to fill the leadership void left by this complete divestment?

How might this promoter exit impact Galaxy Agrico Exports' access to capital markets and future fundraising capabilities?

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1 Year Returns:+18.58%