Galaxy Agrico Exports Ltd (531911)

Galaxy Agrico Exports Limited has fixed Friday, October 30, 2026, as the record date for its stock split. The company is sub-dividing each equity share of face value ₹10 into 10 equity shares of face value ₹1 fully paid-up. The corporate action has already received approval from company members. While liquidity will increase, fundamental business operations and financial metrics remain unchanged.

• Sub-division of 1 equity share of face value ₹10 into 10 equity shares of face value ₹1
• Record date fixed as Friday, October 30, 2026
• Board meeting commenced at 03:00 P.M. and concluded at 04:00 P.M. on October 07, 2026

Galaxy Agrico Exports Ltd announced that Ms. Richa Kachhawaha has resigned from her position as an Independent Director effective October 1, 2026. The stated reason for resignation is pre-occupation with other professional commitments. The director confirmed there are no other material reasons for the departure, and the board will formally take note of the change at its upcoming meeting. This administrative board change occurs against a micro-cap base of Rs 162 Cr market cap and TTM revenue of Rs 6 Cr.

• Independent Director Ms. Richa Kachhawaha resigned with effect from October 1, 2026
• Reason cited is other professional commitments/pre-occupation in other assignments
• Confirmation provided that no other material reasons exist for the resignation
• Company trades at an elevated P/E of 649.9 with TTM revenue of Rs 6 Cr

Galaxy Agrico Exports has initiated the incorporation process for a new subsidiary by applying to the Ministry of Corporate Affairs (MCA) for name reservation. The proposed names are 'Galaxy Infralogistics Private Limited' or 'Galaxy Infra-Mining Private Limited'. The entity is intended to enter the mining, infrastructure development, and logistics sectors. Capital allocation, project sizes, and timelines were not disclosed.

• Applied for name reservation with MCA: 'Galaxy Infralogistics Private Limited' or 'Galaxy Infra-Mining Private Limited'
• Proposed subsidiary to operate in mining, infrastructure development, and logistics
• Incorporation is subject to approval from the Ministry of Corporate Affairs
• Capital structure and investment outlay were not disclosed

Galaxy Agrico Exports Ltd held a Board of Directors meeting on August 25, 2026, to discuss a proposal for a 10:1 stock split, sub-dividing existing equity shares from a face value of ₹10 each into ₹1 each. However, the board did not take a final decision and resolved to further consider the split, memorandum amendments, EGM scheduling, and record date at its next board meeting. A stock split does not alter the fundamental valuation or revenue base of the company (TTM revenue of ₹6 Cr on a ₹118 Cr market cap).

• Proposed sub-division/split of equity shares from face value of ₹10/- each to ₹1/- each (10:1 ratio)
• Board deferred final approval on the split, EGM date, and Record Date to the subsequent board meeting
• Meeting commenced at 04:00 P.M. and concluded at 05:00 P.M. on August 25, 2026
• Company to submit disclosures to the stock exchange once final approval is granted

Galaxy Agrico Exports has scheduled a Board of Directors meeting on August 25, 2026, to consider a proposed 10-for-1 stock split, reducing the face value of equity shares from ₹10 to ₹1 each. The proposed sub-division is subject to shareholder approval and regulatory clearances, with the record date to be announced later. The company currently has a market capitalization of ₹103 crore on TTM revenues of ₹6 crore. A stock split alters share count and trading liquidity without altering fundamental financial value or business operations.

• Board meeting scheduled for August 25, 2026, to consider share sub-division.
• Proposed split of equity shares from face value of ₹10/- each to ₹1/- each.
• Capital Clause of the Memorandum of Association to be altered accordingly.
• Record date to be determined and notified separately post shareholder approval.

Galaxy Agrico Exports Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing required under SEBI (LODR) Regulations. The company operates on a small scale with a TTM revenue of ₹6 Cr and a high P/E ratio of 450.8. Investors should be aware of the significant recent decline in promoter holding, which dropped from 65.22% in December 2025 to 2.31% in March 2026.

• Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results
• Company TTM revenue is currently ₹6 Cr with a thin OPM of 9.1%
• Promoter holding has seen a sharp reduction to 2.31% as of March 2026
• Market capitalization stands at ₹113 Cr with a high P/B ratio of 23.7

Galaxy Agrico Exports has filed a clarification stating that the disclosure of related party transactions under Regulation 23(9) of SEBI (LODR) is not applicable to the company for the period ended September 30, 2020. This exemption typically applies to smaller companies with paid-up capital below Rs 10 crore and net worth below Rs 25 crore. With a current net worth of only Rs 5 crore and TTM revenue of Rs 6 crore, the company remains below the mandatory reporting threshold. This is a procedural filing and does not reflect any change in business operations or financial health.

• Exemption claimed under Regulation 23(9) of SEBI (LODR) Regulations, 2015.
• Applicable to the half and quarter year ended September 30, 2020.
• Company net worth stands at Rs 5 crore, significantly below the Rs 25 crore threshold for mandatory reporting.
• Promoter holding has seen a sharp decline to 2.31% as of March 2026 from 65.22% in December 2025.