Removed from US OFAC SDN sanctions list

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+19.9%Reaction day

₹600.00

prior close

₹719.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+19.7% vs market

Abrasives & Bearings peers, median of 6sector-0.9%+20.7% vs sector

On the reaction day the stock moved 19.7 pts more than Nifty Microcap 250 and 20.7 pts more than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+19.9+0.2+19.7-0.9+20.7

Next day

+43.8+1.0+42.8-1.1+45.0

+58.2+0.7+57.5-2.3+60.6

+74.0+0.9+73.1-2.2+76.3

+81.7+0.2+81.5-5.1+86.8

+75.0-1.8+76.8-6.3+81.3

+64.1+1.4+62.7-4.4+68.5

15d

+50.2-0.6+50.8-7.6+57.7

+44.2+1.5+42.7-5.1+49.2

+45.8+4.5+41.3-3.8+49.6

+61.7+3.1+58.6-4.6+66.3

UpDownMarket · Nifty Microcap 250Sector · Abrasives & Bearings peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Galaxy Bearings has been removed from the US Treasury's OFAC Specially Designated Nationals (SDN) List via letter dated June 30, 2026. This concludes earlier designation proceedings. The company can now legally transact with US persons and use the US financial system, helping normalize its international business operations involving US counterparties.

Likely market impact

Positive: clears the US sanctions overhang, allowing resumption of trade and financial transactions with US parties.