StockWatch
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Industrial Products
Management Change21 Oct 2026, 03:47 pm

Galaxy Agrico Appoints Gaurang Shah as New MD

AI Summary

Galaxy Agrico Exports Limited announced a change in its top management. The Board of Directors accepted the resignation of Mr. Prashant Sudhir Khairnar as Managing Director, effective October 21, 2026, due to professional commitments. He will continue as a Director. Concurrently, Mr. Gaurang Shah has been appointed as an Additional Director and Managing Director, effective October 21, 2026, for a term of 5 years, subject to shareholder approval. Mr. Shah is a qualified Company Secretary with 15 years of experience in corporate governance and regulatory matters.

Key Highlights

  • Prashant Sudhir Khairnar resigns as Managing Director.
  • Gaurang Shah appointed as new Managing Director.
  • Appointment is subject to shareholder approval.
  • Gaurang Shah brings 15 years of corporate governance experience.