Announced Wed, 25 Mar · 16:30 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sadaria Manharkumar Nathalal

Promoter Below 50pctOwnership Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+7.5%1-day move
₹39.99
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+7.5+12.7+16.8+19.0+21.3+18.8+22.8+27.5+50.0+63.7
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AI summary

Galaxy Agrico Exports Ltd informed the BSE about a Regulation 29(2) disclosure from promoter Sadaria Manharkumar Nathalal. He sold his entire holding of 29,500 equity shares (0.17% of total share capital) through the open market on 24 March 2026. Post-sale, his holding in the company has come down to zero shares (0.00%). The total equity share capital of the company stands at 1,74,92,626 shares of Rs. 10 each. The transaction is purely a promoter-group offloading with no counterparty acquirer mentioned.

Likely market impact

The sale size is very small (0.17% of capital), so there is minimal impact on the stock price or overall promoter control. It indicates a minor promoter exit and should not materially affect shareholder interests or the company's fundamentals.