Galaxy Agrico Exports: Promoter Harshaben Sadaria Disposes Complete 0.06% Stake

1 min read     Updated on 26 Mar 2026, 09:31 AM
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AI Summary

Galaxy Agrico Exports received a regulatory disclosure from promoter Harshaben Manharbhai Sadaria regarding the complete disposal of her 10,500 equity shares (0.06% stake) through open market transactions. The transaction was completed on March 24, 2026, and filed under SEBI Regulation 29(2), representing another promoter exit from the company.

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Galaxy Agrico Exports has received another regulatory disclosure from promoter Harshaben Manharbhai Sadaria regarding the complete disposal of her shareholding in the company. The disclosure, filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, reveals a complete exit by another promoter from the company.

Transaction Overview

The disposal involved the complete divestment of Sadaria's equity holding through open market transactions on March 24, 2026.

Parameter: Details
Promoter Name: Harshaben Manharbhai Sadaria
Shares Disposed: 10,500 equity shares
Percentage of Total Capital: 0.06%
Transaction Mode: Open market
Transaction Date: March 24, 2026
Filing Date: March 25, 2026

Shareholding Position Changes

The regulatory filing provides detailed information about Sadaria's shareholding position before and after the complete disposal.

Holding Period: Number of Shares Percentage Holding
Before Disposal: 10,500 0.06%
Shares Sold: 10,500 0.06%
After Disposal: 0 0.00%

Company Structure

As per the disclosure, Galaxy Agrico Exports Limited maintains an equity share capital of 1,74,92,626 equity shares with a face value of Rs. 10 each. The company's shares are listed on the Bombay Stock Exchange Limited.

Regulatory Filing

The disclosure was submitted to the Bombay Stock Exchange's Department of Corporate Services by Harshaben Manharbhai Sadaria as the authorized signatory. The filing was made from Mumbai, ensuring compliance with SEBI's regulatory requirements for substantial shareholding changes.

This transaction represents another complete promoter exit from Galaxy Agrico Exports Limited, further altering the company's promoter shareholding structure.

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 impact will the continued promoter exits have on Galaxy Agrico Exports' corporate governance and strategic direction?

How might the reduction in promoter shareholding affect the company's ability to raise capital or attract institutional investors?

Will Galaxy Agrico Exports need to restructure its board composition following multiple promoter departures?

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Galaxy Agrico Exports Promoter Nathabhai Jerambhai Sadaria Disposes Entire 0.37% Shareholding

1 min read     Updated on 25 Mar 2026, 10:39 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Nathabhai Jerambhai Sadaria, promoter of Galaxy Agrico Exports Limited, has disposed of his entire shareholding of 65,010 shares (0.37%) through open market transactions on March 24, 2026. The disposal reduces his stake from 0.37% to zero, representing a complete exit from his position in the company. The disclosure was filed under SEBI regulations, with the company's shares listed on Bombay Stock Exchange and 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 Nathabhai Jerambhai Sadaria regarding the complete disposal of his shareholding in the company. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals a significant change in the promoter's stake.

Transaction Details

The disposal transaction involved the complete sale of Sadaria's shareholding through open market transactions on March 24, 2026. The following table summarizes the key transaction parameters:

Parameter: Details
Shares Disposed: 65,010 equity shares
Percentage of Total Capital: 0.37%
Transaction Mode: Open market
Transaction Date: March 24, 2026
Disclosure Date: March 25, 2026

Shareholding Changes

The disclosure reveals a complete divestment by the promoter, with his shareholding position changing significantly:

Holding Period: Number of Shares Percentage
Before Transaction: 65,010 0.37%
Shares Disposed: 65,010 0.37%
After Transaction: 0 0.00%

Following this disposal, Nathabhai Jerambhai Sadaria no longer holds any equity shares in Galaxy Agrico Exports Limited. The transaction represents a complete exit from his shareholding position in the company.

Company Information

Galaxy Agrico Exports Limited maintains its listing on the Bombay Stock Exchange Limited. The company's equity share capital comprises 1,74,92,626 equity shares of Rs. 10 each. The substantial acquisition disclosure was submitted to the exchange's Department of Corporate Services, ensuring compliance with regulatory requirements for transparency in shareholding changes.

The disclosure documentation was signed by Nathabhai Jerambhai Sadaria as the authorized signatory and submitted from Mumbai. This transaction reflects the promoter's decision to completely divest his stake in the agricultural exports company through market-based transactions.

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 Sadaria's complete exit?

How might this promoter exit impact Galaxy Agrico's access to capital markets and investor confidence in the agricultural exports sector?

What strategic changes or restructuring initiatives could the company pursue now that it operates without its founding promoter?

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1 Year Returns:+18.58%