Revised Outcome of Annual General Meeting of the COmpany as query raise from BSE
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Galaxy Agrico Exports Ltd held its 35th Annual General Meeting on Monday, September 29, 2025 at 4:00 pm at Veraval, Gujarat. E-voting was open from September 26 (9:00 am) to September 29 (5:00 pm). Shareholders approved three ordinary resolutions: (1) adoption of audited financial statements for FY ending March 31, 2025, (2) appointment of statutory auditor and fixing their remuneration, and (3) approval to make investments, give guarantees and provide security exceeding limits under Section 186 of the Companies Act, 2013. A special resolution was also passed to alter the company's main objects/business under Section 13(1)(a) of the Companies Act and Regulation 3A of SEBI LODR Regulations. The meeting concluded at 5:00 pm.
Routine AGM proceedings — all resolutions passed as proposed. The Section 186 resolution grants the board wider borrowing/investment flexibility, and the Section 13 alteration signals a likely shift or expansion in the company's core business activity, which shareholders should monitor.