The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hemali Patel
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Hemali Sudhir Patel, a promoter of Galaxy Agrico Exports Ltd, has disclosed the sale of her entire shareholding in the company. Before the transaction, she held 49,500 shares carrying voting rights, representing 0.28% of the total share capital. After the sale, her holding reduced to 0% (nil shares). The mode of acquisition/sale is listed as 'NA' (not applicable), and the transaction was executed on 30th March 2026. This is a complete exit by a promoter-level shareholder.
A promoter has completely exited the company by selling their entire stake of 0.28%. While the percentage is small, any promoter departure signals potential lack of confidence or reallocation of holdings, which could be viewed negatively by retail investors.