Galaxy Agrico Exports Limited's Rights Issue Committee concluded its meeting on March 04, 2026, approving significant applications under the company's ongoing rights issue. The committee meeting, held at the company's registered office in Rajkot, Gujarat, addressed applications from non-eligible shareholders and reviewed the overall progress of the rights offering.

Rights Issue Application Review

The Rights Issue Committee conducted a comprehensive review of applications received during the rights issue period. The committee examined applications from shareholders categorized as Non-Eligible Shareholders as per the Master Data and Applications Renounced with Zero Rights Entitlement, based on data provided by the Registrar and Transfer Agent.

Committee Approval and Compliance

After thorough deliberation and evaluation, the committee approved the applications in accordance with terms and conditions specified in the Letter of Offer. The approval covers provisions outlined on page 87 and page 103 under the "Basis of Allotment" chapter, ensuring compliance with statutory and regulatory requirements.

The committee's decision brings the total rights issue size to 1,31,59,655 Right Equity Shares, subject to approval from BSE Limited as the Designated Stock Exchange. This approval represents a significant milestone in the company's capital raising initiative.

Regulatory Framework

The allotment process will adhere to multiple regulatory frameworks to ensure compliance:

• Companies Act, 2013 provisions
• SEBI (ICDR) Regulations, 2018 requirements
• Listing Regulations under SEBI guidelines
• Other applicable statutory provisions

The committee operated under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparent disclosure of material developments to stakeholders.

Meeting Logistics

The Rights Issue Committee meeting took place at Galaxy Agrico Exports' registered office located at 236, Jai Kishan Industrial Estate, Behind Murlidhar Weigh Bridge, Veraval (Shapar), Rajkot, Gujarat. Director Prashant Sudhir Khairnar signed the official communication, confirming the committee's decisions and ensuring proper documentation of the proceedings.

Galaxy Agrico Exports Limited has announced a further extension of its ongoing rights issue timeline, providing eligible shareholders with additional time to participate in the offering. The decision was approved during a Rights Issue Committee meeting held on February 03, 2026.

Rights Issue Timeline Extension

The company's rights issue, which commenced on February 02, 2026, has received an extended closing date to accommodate shareholder participation. The Rights Issue Committee has approved the extension to provide a further window of opportunity for eligible equity shareholders to apply for the offering.

Complete Revised Schedule

The company has provided a comprehensive timeline for the rights issue process, ensuring clarity for all stakeholders:

Terms and Conditions Remain Unchanged

The company has clarified that there are no changes to the terms and conditions of the Letter of Offer (LOF), Abridged Letter of Offer (ALOF), or Application Form. The only modifications relate to the issue closing date and the resultant revision to the indicative timeline of post-issue activities.

Documentation and Accessibility

To ensure transparency and accessibility, the addendum to the LOF with the revised closing date and timeline will be made available across multiple platforms:

• Company's website at https://www.galaxyagrico.com/
• Registrar's website at www.purvashare.com
• BSE website at www.bseindia.com

The Rights Issue Committee meeting commenced at 05:00 pm and concluded at 05:30 pm on February 03, 2026. The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.