Galaxy Agrico Exports: Promoter Rushil Sudhir Patel Disposes Entire 50,000 Share Holding

1 min read     Updated on 27 Mar 2026, 11:59 PM
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AI Summary

Promoter Rushil Sudhir Patel has disposed of his entire holding of 50,000 shares (0.29% stake) in Galaxy Agrico Exports Limited through open market transactions on March 25, 2026. The disposal reduces his shareholding to zero from the previous 0.29% holding. The transaction was disclosed to the Bombay Stock Exchange in compliance with SEBI regulations, with the company having a total equity base of 1,74,92,626 shares of Rs. 10 each.

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Galaxy Agrico Exports Limited has received a regulatory disclosure from promoter Rushil Sudhir Patel regarding the disposal of his entire shareholding in the company. The transaction was executed on March 25, 2026, and disclosed to the Bombay Stock Exchange under SEBI regulations.

Share Disposal Details

The disclosure reveals that Patel disposed of his complete holding through open market transactions. The following table summarizes the key transaction details:

Parameter: Details
Shares Disposed: 50,000 equity shares
Percentage of Total Capital: 0.29%
Transaction Mode: Open market
Transaction Date: March 25, 2026
Disclosure Date: March 26, 2026

Holdings Comparison

The disposal represents a complete exit by the promoter from his equity position in the company:

Holding Period: Number of Shares Percentage
Before Disposal: 50,000 0.29%
After Disposal: 0 0.00%

Company Share 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 disposed shares represented a small fraction of the company's overall equity base.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Patel, who is identified as belonging to the promoter group, submitted the required documentation to the Bombay Stock Exchange, where the company's shares are listed. The disclosure was signed and submitted from Rajkot on March 26, 2026, one day after the actual transaction date.

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 strategic investors to fill the promoter void left by Patel's complete exit?

How might this promoter departure impact the company's corporate governance structure and board composition?

Could this disposal signal potential acquisition interest from competitors in the agricultural export sector?

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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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Reviewed by
Radhika SScanX News Team
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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1 Year Returns:+18.58%