Outcome of Board Meeting held on 09th April, 2026

CFO resignedMultiple independent directors resignedPromoter family joins the boardManagement Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.1%Reaction day

₹47.50

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+2.1%+1.0% vs market

Industrial Products peers, median of 124sector+1.9%+1.3% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.3 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.1+2.1+1.0+1.9+1.3

Next day

+3.0+2.1+0.9+1.5+1.5

+5.2+4.7+0.6+4.7+0.5

+5.8+5.9-0.1+6.0-0.3

+11.1+7.1+3.9+7.2+3.8

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+3.4+9.1-5.7+7.9-4.6

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+7.4+10.8-3.5+10.1-2.8

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+38.9+12.0+27.0+5.5+33.5

+40.1+21.4+18.7+10.2+29.9

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 124Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Galaxy Agrico Exports held a board meeting on April 9, 2026 where multiple key decisions were made. Seven directors resigned effective March 30, 2026, including members of the Sadaria family. The CFO, Mr. Jayantilal Kansagara, also resigned effective the same day. Mr. Kalpataru Bhogilal Shah was appointed as the new Executive Director and CFO, subject to necessary approvals. The company also noted the reclassification of shares from Promoter Category to Public Category, and discussed proposed property acquisitions in Mumbai and Hyderabad pending shareholder approval.

Likely market impact

The mass resignation of 7 directors combined with promoter reclassification suggests a significant change in ownership or control structure, which could raise governance concerns for investors. The simultaneous CFO resignation and appointment indicates management transition.