Galaxy Bearings Limited has fulfilled its regulatory obligations by publishing a public notice regarding SEBI's special window for transfer and dematerialisation of physical securities. The company informed BSE Limited about the newspaper publication through an official intimation dated April 6, 2026.

Regulatory Compliance Details

The publication was made pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, titled "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities". The company published the notice to comply with SEBI's requirement to publicize the opening of the special window.

Special Window Framework

The special window provides a one-year opportunity for investors to transfer and dematerialise physical securities where transfer deeds were executed prior to April 1, 2019. This initiative aims to ease investment processes and bring physical securities into the dematerialised system.

Process and Requirements

Eligible investors can submit their transfer and dematerialisation requests to the company's Registrar to an Issue and Share Transfer Agent, M/s Alankit Assignments Limited. The registrar will process requests along with requisite documents as prescribed under the SEBI circular.

Key conditions for transferred securities:

• Securities will be credited only in dematerialised form
• Subject to a lock-in period of one year from the date of registration of transfer
• Must comply with SEBI guidelines throughout the process

Registrar Contact Information

Investors can reach the appointed registrar for assistance with their transfer requests:

The company has made detailed guidelines available on its website at www.galaxybearings.com for shareholders' reference. This notice serves to inform shareholders about the special window opportunity and ensures compliance with SEBI regulations for transparent investor communication.

Galaxy Bearings Limited has successfully completed the regulatory compliance process for its Q3FY26 financial results by submitting newspaper publication documentation to BSE Limited on February 11, 2026. The submission follows the company's board approval of unaudited standalone financial results for the quarter ended December 31, 2025.

Regulatory Compliance Submission

The company submitted copies of newspaper advertisements published in Western Times (English and Gujarati editions) to BSE Limited pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Bhumika Teli signed the regulatory filing, confirming the publication compliance.

Financial Performance Overview

The company demonstrated mixed financial performance during Q3FY26, with profitability improving despite a decline in revenue. Net profit increased to ₹179.25 lakhs compared to ₹152.52 lakhs in the corresponding quarter of the previous year, marking a growth of 17.50%. However, revenue from operations decreased to ₹1,469.82 lakhs from ₹1,557.71 lakhs year-on-year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Galaxy Bearings reported revenue from operations of ₹4,668.57 lakhs compared to ₹7,426.71 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹223.26 lakhs, significantly lower than ₹957.44 lakhs in the previous year.

OFAC Sanctions Impact

The company continues to face significant challenges due to sanctions imposed by the Office of Foreign Assets Control (OFAC) on October 30, 2024. Galaxy Bearings was placed on the Specially Designated Nationals and Blocked Persons (SDN) List for allegedly exporting high priority dual-use equipment to Russia. As a result, the company has been unable to access USD and EURO through official markets during the period from April 1, 2025, to December 31, 2025.

Legal and Professional Expenses

The company has engaged a USA-based law firm to seek removal from the SDN list and has incurred significant legal expenses of ₹5.59 crores during the nine-month review period. This substantial non-recurring expenditure has had a considerable adverse impact on the company's profitability for the period. The company has submitted an application to OFAC requesting expedited removal from the sanctions list through its US-based legal counsel.

Corporate Information

The financial results are available on the company's website at www.galaxybearings.com/investor . The Board Meeting was held on February 10, 2026, with results submitted to BSE Limited in compliance with regulatory requirements.