Galaxy Agrico Exports Limited has completed a significant investment of ₹10 crore to acquire a 45.45% shareholding in Earth Capital Finvest Limited, marking a strategic expansion into the financial services sector. The company disclosed this acquisition under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details

The acquisition represents a substantial stake in Earth Capital Finvest Limited, positioning Galaxy Agrico Exports as a major shareholder in the financial services entity. The investment aligns with the objectives specified in the company's rights issue letter of offer.

About Earth Capital Finvest Limited

Earth Capital Finvest Limited operates in the financial services industry, offering a comprehensive range of services to its clients. The company's business portfolio encompasses:

• Financial consultancy services
• Advisory services
• Investment-related services
• Allied financial and support services

Regulatory Compliance

The transaction has been structured to meet all regulatory requirements and disclosure obligations. Key compliance aspects include:

Strategic Implications

This investment represents Galaxy Agrico Exports' strategic diversification into financial services, leveraging the proceeds from its rights issue as outlined in the original offer document. The acquisition provides the company with a significant presence in the financial services sector through its substantial shareholding in Earth Capital Finvest Limited.

The completion of this transaction demonstrates Galaxy Agrico Exports' commitment to executing its stated investment objectives and expanding its business portfolio beyond its traditional operations.

Galaxy Agrico Exports Limited successfully completed its rights issue process with the Board of Directors allotting 1,31,59,102 equity shares on March 05, 2026. The allotment followed approval from BSE Limited as the Designated Stock Exchange for finalizing the basis of allotment, marking the culmination of the company's capital raising initiative that began with committee approvals in early March.

Rights Issue Allotment Details

The Board of Directors meeting, held from 5:00 PM to 6:00 PM IST on March 05, 2026, formalized the allotment process following regulatory approvals. The allotment covers applications that were previously reviewed and approved by the Rights Issue Committee.

Application Review Process

Prior to the final allotment, the Rights Issue Committee had conducted a comprehensive review of applications on March 04, 2026. The committee examined applications from shareholders categorized as Non-Eligible Shareholders and Applications Renounced with Zero Rights Entitlement, processing a total of 1,19,07,315 Rights Equity Shares from 273 applicants.

Regulatory Compliance Framework

The entire rights issue process adhered to multiple regulatory frameworks ensuring complete compliance with statutory requirements. The allotment was conducted under Regulation 30 and 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key regulatory compliance aspects included:

• Companies Act, 2013 provisions
• SEBI (ICDR) Regulations, 2018 requirements
• BSE listing regulations and guidelines
• Transparent disclosure requirements under SEBI norms

Corporate Communication

Director Prashant Sudhir Khairnar (DIN: 11434708) signed the official communication to BSE Limited, confirming the successful completion of the allotment process. The communication was digitally signed and submitted to the exchange for record-keeping and regulatory compliance purposes.

The rights issue represents a significant milestone in Galaxy Agrico Exports' capital expansion strategy, with the company successfully raising funds through the structured rights offering to existing shareholders.