Galaxy Bearings Ltd (526073)

Galaxy Bearings announced that the execution of the definitive Sale Deed for Tranche 2 of its industrial land sale could not be completed on September 24, 2026, as scheduled. The deal involves selling 5,700 sq. meters of land in Pune to TREEFAC WORKS LLP for ₹1.5 crore (Rs. 150 Lakhs). The delay is attributed to administrative and commercial circumstances plus pending counterparty procedures. The company clarified that the transaction has not been cancelled and remains under active consideration.

• Sale deed execution for Tranche 2 scheduled on September 24, 2026, was not executed.
• Tranche 2 comprises 5,700 Sq. Meters of industrial land at Sanaswadi, Pune.
• Total agreed consideration for Tranche 2 is Rs. 150 Lakhs (₹1.5 crore).
• Transaction is not cancelled and execution is postponed to a mutually agreed future date.

Galaxy Bearings Limited has made an additional advance payment of ₹1.00 crore on August 27, 2026, for the proposed purchase of 7,588 sq. meters of agricultural land in Shapar, Rajkot. With this payment, the total aggregate advance paid to the seller stands increased from ₹3.76 crore to ₹4.76 crore. The cumulative advance represents approximately 4.3% of the company's net worth of ₹110 crore. The transaction remains non-final, subject to due diligence, statutory approvals, and execution of definitive sale deeds.

• Further advance payment of ₹1,00,00,000 (₹1.00 Cr) made on August 27, 2026
• Cumulative advance paid revised upward from ₹3,76,00,000 to ₹4,76,00,000 (₹4.76 Cr)
• Proposed land parcel admeasures approximately 7,588 sq. meters at Village Shapar, Rajkot, Gujarat
• Transaction subject to due diligence, terms finalization, and statutory approvals; no sale deed executed yet

Galaxy Bearings Limited has issued an intimation under Regulation 36(1)(b) of SEBI LODR regarding the dispatch of letters containing the web-link to the FY2025-26 Annual Report. The company's 36th Annual General Meeting (AGM) is scheduled to be held on Tuesday, September 22, 2026, at 03:30 PM IST via Video Conferencing. The cut-off date to determine voting eligibility is September 15, 2026, with remote e-voting running from September 19 to September 21, 2026.

• 36th Annual General Meeting to be held on Tuesday, September 22, 2026, at 03:30 P.M. (IST) via VC/OAVM
• Cut-off date for e-voting and registration as speaker shareholder set as Tuesday, September 15, 2026
• Remote e-voting window opens September 19, 2026 (9:00 AM IST) and closes September 21, 2026 (5:00 PM IST)
• FY2025-26 Annual Report and AGM Notice made available on the company website and BSE

Galaxy Bearings Limited has confirmed compliance under Regulation 36(1)(b) of SEBI LODR by dispatching letters containing web-links to the FY 2025-26 Annual Report to unregistered members. The company's 36th Annual General Meeting (AGM) is scheduled to take place virtually on Tuesday, September 22, 2026, at 3:30 PM IST. The cut-off date for e-voting and speaker registration is set for September 15, 2026. Remote e-voting will remain open from September 19, 2026, to September 21, 2026.

• 36th Annual General Meeting scheduled for Tuesday, September 22, 2026, at 3:30 PM IST via VC/OAVM
• Cut-off date for e-voting eligibility and speaker registration is Tuesday, September 15, 2026
• Remote e-voting window opens September 19, 2026 (9:00 AM IST) and closes September 21, 2026 (5:00 PM IST)
• Annual report and AGM notice web-links dispatched in compliance with SEBI Regulation 36(1)(b)

Galaxy Bearings Limited has issued the notice for its 36th Annual General Meeting (AGM) scheduled for September 22, 2026, via Video Conferencing. The cut-off date to determine e-voting eligibility is September 15, 2026, with remote e-voting open from September 19 to September 21, 2026. Key agenda items include the adoption of FY26 financial statements and the re-appointment of Whole-time Director Mr. Bharatkumar Ghodasara for 5 years at a monthly salary of ₹2,00,000 plus perquisites up to ₹5,00,000 per annum.

• 36th AGM scheduled on September 22, 2026, at 03:30 PM IST via VC/OAVM
• Remote e-voting window set from September 19, 2026 (09:00 AM) to September 21, 2026 (05:00 PM)
• Cut-off date for voting eligibility is Tuesday, September 15, 2026
• Proposed 5-year re-appointment of Whole-time Director Bharatkumar Ghodasara (salary ₹2,00,000/month)
• Proposed ratification of Cost Auditor remuneration of ₹40,000 for FY 2026-27

Galaxy Bearings Ltd has announced its 36th Annual General Meeting (AGM) will be held on Tuesday, September 22, 2026, at 3:30 PM IST via Video Conferencing. The cut-off date to determine shareholder eligibility for remote e-voting and speaker registration is Tuesday, September 15, 2026. The remote e-voting period runs from September 19, 2026 (9:00 AM IST) to September 21, 2026 (5:00 PM IST). The company has also shared access links to its Annual Report for FY 2025-26.

• 36th AGM scheduled on Tuesday, September 22, 2026 at 3:30 PM IST via VC/OAVM
• Cut-off date for e-voting and speaker registration fixed as September 15, 2026
• Remote e-voting begins on September 19, 2026 (9:00 AM) and concludes on September 21, 2026 (5:00 PM)
• Annual Report for FY 2025-26 made available on the company website

Galaxy Bearings Limited has submitted its Annual Report for FY 2025-26 pursuant to Regulation 34(1) of SEBI LODR Regulations. The company's 36th Annual General Meeting (AGM) is convened for Tuesday, September 22, 2026, at 3:30 PM IST via Video Conferencing. The report highlights the completion of 35 years in manufacturing precision bearings since its incorporation in 1990 and retains its One Star Export House status.

• Submitted FY 2025-26 Annual Report in compliance with Regulation 34(1) of SEBI LODR.
• 36th Annual General Meeting scheduled for September 22, 2026, at 03:30 PM IST via VC/OAVM.
• Company completed 35 years of operations since establishment in September 1990.
• Maintains One Star Export House status along with IATF 16949, ISO 14001, and ISO 45001 accreditations.

Galaxy Bearings' board has approved the re-appointment of Mr. Bharatkumar Ghodasara as Whole-time Director for a five-year term effective September 1, 2026. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and scheduled the 36th Annual General Meeting (AGM) for September 22, 2026. Mr. Ghodasara holds a 0.49% stake in the company. This announcement ensures leadership continuity following a fiscal year (FY26) where revenue declined to Rs 67.51 Cr from Rs 104.22 Cr in FY25.

• Re-appointment of Mr. Bharatkumar Ghodasara as Whole-time Director for a 5-year term starting September 1, 2026.
• Director holds 15,600 equity shares, representing 0.49% of the total share capital.
• 36th Annual General Meeting (AGM) scheduled for September 22, 2026, via video conferencing.
• Cut-off date for e-voting eligibility fixed as September 15, 2026.
• Book closure period set from September 16, 2026, to September 22, 2026.

Galaxy Bearings has approved its unaudited financial results for the quarter ended June 30, 2026. The board also approved the re-appointment of Mr. Bharatkumar Keshavji Ghodasara as Whole-Time Director for a five-year term starting September 1, 2026. The 36th Annual General Meeting (AGM) is scheduled for September 22, 2026, with a cut-off date of September 15, 2026, for e-voting eligibility. This follows a challenging FY26 where annual revenue dropped 35% to Rs 67.51 Cr from Rs 104.22 Cr in FY25.

• Board approved unaudited financial results for the quarter ended June 30, 2026.
• Re-appointment of Mr. Bharatkumar Keshavji Ghodasara as Whole-Time Director for a 5-year term effective September 1, 2026.
• 36th Annual General Meeting scheduled for September 22, 2026, via video conferencing.
• Book closure for the AGM set from September 16, 2026, to September 22, 2026.
• Director Bharatkumar Ghodasara holds 15,600 equity shares, representing 0.49% of the company.

Galaxy Bearings held a board meeting on August 07, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. A significant management decision was the re-appointment of Mr. Bharatkumar Keshavji Ghodasara as Whole-Time Director for a five-year term effective September 1, 2026. The company has scheduled its 36th Annual General Meeting (AGM) for September 22, 2026, via video conferencing. Shareholders as of the September 15, 2026 cut-off date will be eligible for e-voting.

• Re-appointment of Mr. Bharatkumar Keshavji Ghodasara as Whole-Time Director for a 5-year term starting September 1, 2026
• 36th Annual General Meeting (AGM) scheduled for September 22, 2026, at 03:30 PM
• Cut-off date for remote e-voting eligibility fixed as September 15, 2026
• Book closure period for the AGM set from September 16 to September 22, 2026
• Director Bharatkumar Ghodasara holds 15,600 equity shares, representing a 0.49% stake in the company

Galaxy Bearings Limited has submitted its monthly report for July 2026 regarding the lodgement and re-lodgement for transfer and dematerialization of physical securities. This filing is a routine compliance requirement under the SEBI circular dated January 30, 2026, aimed at the 'Ease of Doing Investment'. The report confirms the processing of physical share certificates into electronic form by the Registrar and Share Transfer Agent (RTA). This administrative update has no impact on the company's financial performance or business operations.

• Report covers the processing of physical securities for the month of July 2026
• Compliance filing pursuant to SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026
• The filing relates to the special window for transfer and dematerialisation of physical shares
• Report was received from the company's Registrar to an Issue and Share Transfer Agent (RTA)

Galaxy Bearings has scheduled a board meeting on August 07, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. This follows a difficult FY26 where annual revenue declined 35% to Rs 67.51 Cr and PAT dropped 76% to Rs 3.31 Cr. The company currently trades at a high P/E of 82.1, making the upcoming results critical to justify its Rs 272 Cr market capitalization. The trading window for insiders has been closed since July 01, 2026.

• Board meeting scheduled for August 07, 2026, to approve Q1 FY27 results.
• Trading window closed from July 01, 2026, until 48 hours after the results declaration.
• Company reported a TTM revenue of Rs 68 Cr against a market cap of Rs 272 Cr.
• FY26 PAT stood at Rs 3.31 Cr, a significant drop from Rs 13.71 Cr in FY25.
• Promoter holding has marginally increased from 46.26% in June 2025 to 46.83% in March 2026.