Galaxy Agrico Exports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/01/2026 ,inter alia, to consider and approve to consider, discuss, ....
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Galaxy Agrico Exports has called a Board meeting on 19 January 2026 to finalise the terms of its upcoming Rights Issue of equity shares. The Board had earlier authorised a Rights Issue of up to Rs. 49 crore in November 2024, and BSE approved the Draft Letter of Offer in December 2025. At the upcoming meeting, directors will decide on the issue price, payment mechanism, total issue size, entitlement ratio, record date, and the opening and closing dates of the issue. The trading window for the stock has been closed and will reopen 48 hours after the meeting outcome is announced.
Existing shareholders should prepare for a potential equity dilution event — the terms of the Rs. 49 crore Rights Issue will be announced on 19 January, which could affect the stock price depending on the issue price and entitlement ratio decided. Shareholders may need additional capital if they wish to participate in their full entitlement.