Galaxy Bearings has scheduled its 36th Annual General Meeting (AGM) for Tuesday, September 22, 2026. The meeting will be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) at 3:30 pm. Shareholders can access the FY26 Annual Report on the company website.

The company dispatched the notice to eligible shareholders electronically on August 27, 2026. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 91 of the Companies Act, 2013. The notice was also published in Western Times (English and Gujarati editions) on August 28, 2026.

Agenda Items

The AGM will transact ordinary and special business. Key resolutions include:

• Adoption of Audited Financial Statements for FY26 ended March 31, 2026.
• Re-appointment of Mr. Devang Maheshchandra Gor as a Non-Executive Director, retiring by rotation.
• Re-appointment of Mr. Bharatkumar Ghodasara as Whole-time Director for five years, including continuation after attaining age 70.
• Ratification of remuneration for cost auditors M/s. Mitesh Suvagiya & Co. for FY27.

Director Re-appointments

Mr. Bharatkumar Ghodasara seeks re-appointment as Whole-time Director from September 1, 2026 to August 31, 2031. His proposed remuneration includes a salary of ₹2,00,000 per month and perquisites not exceeding ₹5,00,000 per annum. The Board cited his extensive experience in the bearing industry and strategic leadership as justification for his continued tenure beyond age 70.

Mr. Devang Maheshchandra Gor, a Non-Executive Director, is due for retirement by rotation. He holds 1,00,602 equity shares directly and 2,70,000 shares indirectly. His re-appointment was recommended by the Nomination and Remuneration Committee.

E-Voting Details

Remote e-voting will commence on Saturday, September 19, 2026 at 9:00 am and end on Monday, September 21, 2026 at 5:00 pm. The cut-off date for determining voting eligibility is Tuesday, September 15, 2026. Members holding shares as on this date can cast their votes electronically via CDSL or NSDL platforms.

The company announced that the register of members and share transfer books will remain closed from Tuesday, September 15, 2026 to Tuesday, September 22, 2026, both days inclusive. This closure determines eligibility for the meeting and e-voting.

Members desirous of registering themselves as Speaker Shareholders for the AGM may send their request to investor@galaxybearings.com on or before Tuesday, September 15, 2026.

Galaxy Bearings Limited has made a further advance payment of ₹1 crore towards the proposed acquisition of agricultural land in Gujarat. The payment was made on August 27, 2026, bringing the total advance paid to ₹4.76 crore.

The company disclosed the update to the BSE under Regulation 30 of the SEBI (LODR) Regulations, 2015. This follows earlier disclosures dated May 2, 2026, and June 11, 2026.

Transaction Details

The land is situated at Village Shapar, Taluka Kotda Sangani, District Rajkot, Gujarat. It admeasures approximately 7,588 sq. meters and is identified by Old R.S. No. 254 and New R.S. No. 422/3.

The proposed seller is Mr. Samjibhai Pragajibhai Dhameliya. The latest payment of ₹1 crore was made through banking channels and will form part of the final consideration, subject to the execution of definitive documents.

Status of Acquisition

The transaction remains under evaluation. It is subject to due diligence, finalization of commercial terms, execution of definitive agreements, and applicable statutory approvals.

No sale deed or transfer of ownership has been executed as on date. The company stated that all other disclosures from previous communications remain unchanged.

Bhumika Teli, Company Secretary and Compliance Officer, confirmed the disclosure from Ahmedabad.