Resignation of Director Mr. Abhay Vasantrao Galgate
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Galaxy Agrico Exports Ltd has informed BSE that Mr. Abhay Vasantrao Galgate, Executive Director of the company (DIN: 09596908), has resigned with effect from 27th January 2026. The reason cited is health-related — he has suffered a hand injury and is unable to perform his duties effectively. In his resignation letter, Mr. Galgate has also confirmed that he does not wish to take up any management position in the company going forward and has requested removal of his name from all company records, including bank accounts and statutory registrations. The Board of Directors will formally take note of the resignation at the upcoming Board Meeting. The intimation has been filed under Regulation 30 of SEBI (LODR) Regulations, 2015.
This is a routine key managerial change driven by personal health reasons, not governance concerns. The Board will need to fill the Executive Director position in due course, but the immediate operational impact is limited since the resignation is voluntary and uncontested. Shareholders should monitor for any follow-up announcement regarding a replacement appointment.