Galaxy Agrico Exports Limited has received a substantial acquisition disclosure from promoter Amrita Jitendra Shah under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The disclosure pertains to the complete disposal of Shah's shareholding in the company through open market transactions.
Transaction Details
The disposal involved Shah's entire holding of equity shares carrying voting rights in Galaxy Agrico Exports Limited. The transaction details are presented below:
Parameter Before Transaction Transaction After Transaction Shares Held 74,955 74,955 (sold) 0 Percentage of Total Capital 0.42% 0.42% 0.00% Percentage of Diluted Capital 0.42% 0.42% 0.00%
Company Share Capital Structure
Galaxy Agrico Exports Limited's equity structure comprises 1,74,92,626 equity shares of Rs. 10 each. The company's shares are listed on the Bombay Stock Exchange Limited, where this substantial acquisition disclosure has been filed.
Regulatory Compliance
The disclosure was made in compliance with SEBI's SAST Regulations, which mandate reporting of substantial acquisitions or disposals of shares. As a promoter of the company, Amrita Jitendra Shah was required to file this disclosure following the complete divestment of her stake.
Filing Details Information Filing Date March 30, 2026 Transaction Mode Open Market Filing Location Rajkot Acquirer Status Promoter
Key Highlights
Complete disposal of promoter shareholding through open market transactions
Transaction represents 0.42% of the company's total equity capital
Post-transaction, the promoter holds zero shares in the company
Disclosure filed in compliance with SEBI SAST Regulations
Company maintains listing status on Bombay Stock Exchange Limited
The transaction marks a complete exit by the promoter from her equity position in Galaxy Agrico Exports Limited, with all 74,955 shares being disposed of through open market operations.
Galaxy Agrico Exports Limited has received a disclosure from promoter Suketa Sanjay Patel regarding a substantial reduction in her shareholding. The disclosure, filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations 2011, details the complete disposal of her equity stake in the company.
Transaction Details
The disclosure reveals significant changes in Patel's shareholding position through open market transactions:
Parameter Before Transaction Transaction After Transaction Shares Held 1,50,000 Disposed 49,500 0 Percentage Holding 0.85% 0.85% 0.00% Transaction Mode - Open Market -
Company Information
Galaxy Agrico Exports Limited maintains its listing on the Bombay Stock Exchange Limited. The company's equity structure comprises:
Details Specification Total Equity Shares 1,74,92,626 Face Value per Share ₹10 Listing Exchange Bombay Stock Exchange Limited Disclosure Date March 30, 2026
Regulatory Compliance
The disclosure was submitted in accordance with SEBI regulations governing substantial acquisitions and disposals. Suketa Sanjay Patel, identified as a promoter of the company, filed the necessary documentation from Rajkot, confirming her complete exit from the equity position.
The transaction represents a notable change in the company's promoter holding structure, with Patel's stake being completely divested through open market sales. The disclosure ensures transparency and regulatory compliance as mandated under SEBI's substantial acquisition regulations.
Filing Details
The formal disclosure was addressed to the Bombay Stock Exchange Limited's Department of Corporate Services, with specific reference to the company's scrip code. The documentation confirms that all regulatory requirements have been met for this substantial shareholding change, providing stakeholders with complete transparency regarding the promoter's divestment decision.
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