Corporate Governance29 Jun 2026, 11:20 pm
Galaxy Agrico Withdraws Director Appointment Intimation
AI Summary
Galaxy Agrico Exports Ltd has withdrawn its earlier intimation dated June 29, 2026, regarding the appointment of Mr. Aayush Shah and Mr. Ankitkumar Surendrakumar Agrawal as Non-Executive Independent Directors. The withdrawal is due to the company not yet receiving the necessary consent to act as directors, declarations of independence, disclosures of interest, and other required documents from the proposed appointees. Consequently, the Board has not considered or approved these appointments.
Key Highlights
- Withdrawal of proposed appointment of two Non-Executive Independent Directors.
- Reason for withdrawal: Non-receipt of required director documentation.
- Appointments were not considered or approved by the Board.
- Company is complying with Companies Act and SEBI LODR Regulations.
Price Impact
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