Galaxy Agrico Exports Promoter Jayeshbhai Kalavadia Disposes Complete 0.59% Shareholding

1 min read     Updated on 27 Mar 2026, 07:56 PM
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AI Summary

Promoter Jayeshbhai Kishorbhai Kalavadia has completely disposed of his 1,02,509 shares (0.59% stake) in Galaxy Agrico Exports Limited through open market transactions on March 24, 2026. The disposal reduces his shareholding to zero from the previous 0.59% holding. The transaction was disclosed under SEBI regulations to the Bombay Stock Exchange, where the company's shares are listed.

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Galaxy Agrico Exports Limited has received a regulatory disclosure regarding the complete disposal of shareholding by promoter Jayeshbhai Kishorbhai Kalavadia. The transaction represents a significant change in the company's promoter holding structure as filed with the Bombay Stock Exchange under SEBI regulations.

Transaction Details

The disposal involved Kalavadia's complete shareholding in the company through open market transactions. The promoter sold his entire stake on March 24, 2026, reducing his holding from 0.59% to zero.

Parameter Details
Shares Disposed 1,02,509 equity shares
Percentage of Total Capital 0.59%
Transaction Mode Open market
Transaction Date March 24, 2026
Post-Transaction Holding 0 shares (0.0%)

Shareholding Pattern Changes

The regulatory filing provides a comprehensive view of the shareholding changes before and after the transaction. Prior to the disposal, Kalavadia held 1,02,509 shares carrying voting rights, representing 0.59% of both the total share capital and diluted share capital of the company.

Holding Period Number of Shares Percentage of Total Capital Percentage of Diluted Capital
Before Disposal 1,02,509 0.59% 0.59%
After Disposal 0 0.0% 0.0%

Company Capital Structure

According to the disclosure, Galaxy Agrico Exports Limited has a total equity share capital of 1,74,92,626 equity shares of Rs. 10/- each. The company's shares are listed on the Bombay Stock Exchange Limited, where this regulatory disclosure has been submitted for record.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. As a promoter of the company, Kalavadia was required to disclose this transaction due to the substantial nature of the shareholding change. The filing was submitted to the Department of Corporate Services at the Bombay Stock Exchange and signed by Kalavadia as the authorized signatory from Rajkot on March 24, 2026.

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 Galaxy Agrico Exports seek new promoters or strategic investors to fill the leadership void left by Kalavadia's complete exit?

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

What strategic changes or restructuring initiatives could the remaining management implement following this ownership transition?

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Galaxy Agrico Exports Promoter Tanuj Nanalal Kalavadia Disposes Complete 0.33% Stake

1 min read     Updated on 27 Mar 2026, 07:49 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Promoter Tanuj Nanalal Kalavadia has disposed of his complete 0.33% stake in Galaxy Agrico Exports Limited through open market sale on March 24, 2026. The transaction involved 57,000 equity shares, reducing his holding to zero. The disclosure was made under SEBI regulations, with the company maintaining total equity capital of 1,74,92,626 shares of Rs. 10/- each listed on Bombay Stock Exchange.

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Promoter Tanuj Nanalal Kalavadia has completely disposed of his shareholding in Galaxy Agrico Exports Limited through an open market transaction. The disposal, executed on March 24, 2026, involved his entire stake of 57,000 equity shares, representing 0.33% of the company's total voting capital.

Transaction Details

The share disposal was conducted through open market operations, with Kalavadia selling all 57,000 shares he previously held in the company. This transaction has resulted in his complete exit from the company's shareholding structure.

Parameter Before Disposal Disposal After Disposal
Shares Held 57,000 57,000 0
Percentage Holding 0.33% 0.33% 0.0%
Voting Capital % 0.33% 0.33% 0.0%

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal disclosure was submitted to the Bombay Stock Exchange Limited, where Galaxy Agrico Exports shares are listed under scrip code 531911.

Company Capital Structure

Following the transaction, Galaxy Agrico Exports Limited maintains its total equity share capital structure:

Capital Details Specification
Total Equity Shares 1,74,92,626
Face Value per Share Rs. 10/-
Listing Exchange Bombay Stock Exchange Limited

The transaction represents a complete divestment by the promoter, with his holding reducing from 0.33% to zero percent of the company's total share capital. The disposal was executed through standard open market mechanisms, ensuring transparency and regulatory compliance.

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?

How will the remaining promoter group's ownership structure and control dynamics change following this divestment?

Could this share disposal signal potential acquisition interest from other investors or strategic buyers?

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1 Year Returns:+18.58%