The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suketa Sanjay Patel
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Mrs. Suketa Sanjay Patel, who belongs to the promoter group of Galaxy Agrico Exports Ltd, acquired 65,250 equity shares (2.39% of share capital) through off-market transmission on May 9, 2025. Her holding rose from 84,750 shares (3.10%) to 1,50,000 shares (5.49%), crossing the 5% substantial shareholder disclosure threshold. The total equity share capital of the company stands at 27,31,620 shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
This is an off-market transmission (likely inheritance or family transfer) rather than an open-market purchase, so it is unlikely to move the stock price. It consolidates the promoter's family stake and signals continuity in promoter shareholding, though the overall promoter holding remains modest at around 5.49%.