Galaxy Agrico Exports: Promoter Jay Ashwinbhai Shah Disposes Entire 0.01% Stake Through Open Market Sale
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































