The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rushil Sudhir Patel
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Rushil Sudhir Patel, a member of the promoter/promoter group of Galaxy Agrico Exports Ltd, sold his entire holding of 50,000 shares (0.29% of total share capital) in the open market on March 25, 2026. Prior to the sale, he held 50,000 shares; after the sale, his holding stands at zero shares. The transaction was carried out on the Bombay Stock Exchange where the company is listed (Scrip Code: 531911). The total equity share capital of the company is 1,74,92,626 shares of Rs. 10 each. This disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
This is a small absolute sale (0.29% stake, ~50,000 shares) and is unlikely to materially impact the stock price or shareholder value. However, it represents a complete personal exit by a promoter-group member, which investors may monitor as a sentiment signal.