The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tanuj Kalavadia
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Galaxy Agrico Exports Ltd promoter Tanuj Nanalal Kalavadia has disclosed disposal of his entire holding of 57,000 shares (0.33% of paid-up equity capital) in the company on 24 March 2026 under SEBI Takeover Regulations 29(2). The shares were sold through open market, bringing his post-disposal holding to zero. The company has 1,74,92,626 equity shares of Rs. 10 each as total voting capital. This represents a complete exit by one promoter-group member, though the stake sold is small in absolute terms.
Minor negative sentiment for retail investors as a promoter-group member has completely exited the stock, but the size of the sale (0.33%) is too small to materially impact share price or signal a broader promoter group move.