Galaxy Agrico Exports: Promoter Suketa Sanjay Patel Reduces Shareholding to Zero Through Open Market Sale

Galaxy Agrico Exports Limited has received a disclosure from promoter Suketa Sanjay Patel regarding a substantial reduction in her shareholding. The disclosure, filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations 2011, details the complete disposal of her equity stake in the company.

Transaction Details

The disclosure reveals significant changes in Patel's shareholding position through open market transactions:

Parameter	Before Transaction	Transaction	After Transaction
Shares Held	1,50,000	Disposed 49,500	0
Percentage Holding	0.85%	0.85%	0.00%
Transaction Mode	-	Open Market	-

Details	Specification
Total Equity Shares	1,74,92,626
Face Value per Share	₹10
Listing Exchange	Bombay Stock Exchange Limited
Disclosure Date	March 30, 2026

Regulatory Compliance

The disclosure was submitted in accordance with SEBI regulations governing substantial acquisitions and disposals. Suketa Sanjay Patel, identified as a promoter of the company, filed the necessary documentation from Rajkot, confirming her complete exit from the equity position.

The transaction represents a notable change in the company's promoter holding structure, with Patel's stake being completely divested through open market sales. The disclosure ensures transparency and regulatory compliance as mandated under SEBI's substantial acquisition regulations.

Filing Details

The formal disclosure was addressed to the Bombay Stock Exchange Limited's Department of Corporate Services, with specific reference to the company's scrip code. The documentation confirms that all regulatory requirements have been met for this substantial shareholding change, providing stakeholders with complete transparency regarding the promoter's divestment decision.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.68%	+16.86%	+3.82%	+18.58%	+18.58%	+18.58%

Galaxy Agrico Exports Limited has received an updated regulatory disclosure from promoter Hemali Sudhir Patel regarding the complete disposal of her remaining shareholding. The latest transaction, completed on March 30, 2026, involved the sale of 49,500 equity shares through open market operations, marking her complete exit from the company.

Latest Share Disposal Transaction

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, provides comprehensive details of the complete stake disposal:

Parameter:	Details
Shares Disposed:	49,500
Percentage of Total Capital:	0.28%
Transaction Mode:	Open Market
Transaction Date:	March 30, 2026
Final Holding:	0 shares (0.00%)

Complete Shareholding Exit Pattern

Hemali Sudhir Patel's shareholding reduction has occurred in two phases, resulting in her complete exit from the company:

Transaction Phase:	Shares Disposed	Holding After Transaction	Percentage After
First Disposal (March 27):	90,000	49,500	0.28%
Second Disposal (March 30):	49,500	0	0.00%
Total Disposal:	1,39,500	-	0.79%

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 continue to be listed on the Bombay Stock Exchange Limited, where these transactions were executed.

Regulatory Compliance and Documentation

The disclosure demonstrates continued adherence to SEBI regulations requiring promoters to inform stock exchanges of substantial changes in shareholding. The documentation was filed with the Bombay Stock Exchange's Department of Corporate Services, with Hemali Sudhir Patel serving as the authorized signatory for the transaction.

The complete exit represents a significant change in the promoter group structure while maintaining full regulatory transparency through proper disclosure mechanisms established under Indian securities regulations.