Galaxy Bearings Considers Sale of Pune Land

Galaxy Bearings Ltd is evaluating a potential transaction for the sale of its industrial land located in Sanaswadi, Pune, Maharashtra, measuring approximately 20,234 sq. meters. The company is in preliminary, non-binding discussions with multiple prospective parties and has received a refundable token amount from one party. No binding agreement has been executed, and the transaction is subject to negotiations, due diligence, and necessary approvals. The company will make further disclosures as material developments occur.