Promoter Reclassification4 Jun 2026, 01:10 pm
Galaxy Agrico Exports Ltd Seeks Promoter Reclassification
AI Summary
Galaxy Agrico Exports Ltd has submitted an application to BSE Limited for the reclassification of its existing promoter(s)/promoter group member(s) from the 'Promoter/Promoter Group Category' to the 'Public Category'. This follows requests received from the promoters on March 30-31, 2026, and subsequent board approval on April 9, 2026. The company formally applied to the stock exchange on April 14, 2026, and the application is currently under process.
Key Highlights
- Application submitted for promoter reclassification to public category.
- Board of Directors approved the reclassification request.
- Application filed with BSE within 5 days of board approval.
- Reclassification is in accordance with SEBI (LODR) Regulations, 2015.
Price Impact
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