Galaxy Bearings Share News - Latest Updates, Live News & More

Latest news about Galaxy Bearings

US OFAC Removes Galaxy Bearings From Specially Designated Nationals And Blocked Persons List 10 days ago

Galaxy Bearings has been removed from the US Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List. The SDN List, maintained by the US Department of the Treasury, subjects designated entities to economic and trade sanctions. The delisting signifies that the restrictions previously associated with Galaxy Bearings' designation have been lifted by US OFAC.

Galaxy Bearings Limited Discloses Advance Payments of ₹3.51 Crore for Proposed Land Purchase in Gujarat May 02, 2026

Galaxy Bearings Limited Reports FY26 Audited Results, Re-appoints Auditors May 02, 2026

Galaxy Bearings Limited Declares Non-Applicability of Large Corporate Framework for FY26 Apr 14, 2026

Galaxy Bearings Limited Submits March 2026 Monthly Report on Physical Securities Transfer Under SEBI Guidelines Apr 06, 2026

More news about Galaxy Bearings

06Apr 26

Galaxy Bearings Limited Publishes SEBI Special Window Notice for Physical Securities Transfer

Galaxy Bearings Limited published a public notice on April 4, 2026, in Western Times newspapers regarding SEBI's special window for transfer and dematerialisation of physical securities. The special window, open from February 5, 2026, to February 4, 2027, allows investors with transfer deeds executed prior to April 1, 2019, to submit requests through registrar Alankit Assignments Limited. Transferred securities will be credited in dematerialised form with a one-year lock-in period as per SEBI guidelines.

11Feb 26

Galaxy Bearings Completes Q3FY26 Results Publication Under Regulation 47

Galaxy Bearings Limited completed regulatory compliance by submitting newspaper publication documentation to BSE for Q3FY26 financial results under SEBI Regulation 47. The company reported improved profitability with net profit rising 17.50% to ₹179.25 lakhs despite revenue declining to ₹1,469.82 lakhs, while continuing to face challenges from OFAC sanctions.

03Feb 26

Galaxy Bearings Announces Special Window for Physical Share Transfer and Dematerialisation

Galaxy Bearings Limited has announced SEBI's special one-year window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical shares with transfer deeds executed before April 1, 2019. The initiative covers fresh lodgements and previously rejected transfer requests, with securities to be credited only in dematerialised form subject to a one-year lock-in period. Investors must submit requests through M/s Alankit Assignments Limited with requisite documentation as per SEBI guidelines.

27Oct 25

Galaxy Bearings Reports Q2 Loss, Grapples with US Sanctions, and Appoints New Company Secretary

Galaxy Bearings Limited reported a net loss of ₹6.77 lakhs in Q2 2025, compared to a profit of ₹8.15 lakhs in Q2 2024. Revenue decreased by 10.56% to ₹1,510.21 lakhs. The company's performance was significantly impacted by US sanctions imposed in October 2024. Galaxy Bearings incurred ₹25.59 crores in legal expenses to address the sanctions. The company appointed Mrs. Bhumikaben Mukeshbhai Teli as the new Company Secretary and Compliance Officer. The 35th AGM is scheduled for November 25, 2025.

08Aug 25

Galaxy Bearings Reports Q1 FY2026 Results Amid Ongoing US Sanctions Challenge

Galaxy Bearings Limited released unaudited Q1 FY2026 results, showing resilience despite US Treasury sanctions imposed in October 2024. The company reported revenue of Rs. 1,688.54 lakhs, net profit of Rs. 259.21 lakhs, and EPS of Rs. 8.15. Galaxy Bearings faced challenges accessing USD and EURO markets and potential disruptions to international operations due to sanctions. The company has engaged US legal counsel to request removal from the Specially Designated Nationals list, asserting unawareness of its products being associated with sanctioned entities.

Galaxy Bearings

983.45

-6.20

(-0.63%)

1 Year Returns:+7.44%

Industry Peers

Timken

3,205.00

(-0.39%)

Grindwell Norton

2,058.60

(+2.84%)

Carborundum Universal

1,091.20

(+0.13%)

SKF India

1,571.80

(+1.25%)

Wendt

7,842.00

(+1.76%)

Galaxy Bearings

983.45

(-0.63%)

SKP Bearing Industries

149.85

(-1.93%)

NRB Industrial Bearings

30.62

(+1.06%)

Get More Market Insights with

Stock Rental via SLBM

About Scanx

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.
We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.
This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.
The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.
We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.
This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.
By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.
We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.

Part of Raise Financial Services

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357 Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320

Registered Office: Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai - 400104