Galaxy Supermarket AGM 2026: 44th meet, RPT vote

What the company has announced

Galaxy Supermarket Limited has scheduled its 44th Annual General Meeting (AGM) for Monday, September 28, 2026. The company said the meeting will be held at 4:30 pm IST through video conferencing or other audio-visual means. It cited compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI for conducting shareholder meetings electronically.

The AGM notice and the FY26 annual report are to be made available through the company’s website and platforms including NSDL and BSE, as indicated in the disclosure. Alongside routine business, the agenda includes a special business item that requires shareholder approval. This item relates to related-party transactions with an entity under common group control.

E-voting window and key shareholder dates

The company has also provided the key dates for electronic voting. E-voting is scheduled to open on September 24, 2026 at 9:00 am IST and close on September 27, 2026 at 5:00 pm IST. The cut-off (record) date for determining voting eligibility has been set as September 21, 2026.

These timelines matter for shareholders who hold the stock in demat form and plan to participate without attending the virtual meeting. They also form part of the regulatory process for conducting AGMs through online modes, where remote e-voting typically precedes the meeting.

Related-party transactions with Aadhar Retailing Limited

A key resolution at the AGM is the request for shareholder consent for ongoing and new transactions with Aadhar Retailing Limited (ARL). The company described ARL as an entity under common group control, making the transactions related-party in nature.

The proposed aggregate value for FY27 and up to the next AGM is stated at ₹4,525 lakh. Normalised, this equals ₹45.25 crore. Shareholder approval is sought to comply with governance and disclosure requirements around related-party transactions.

The agenda item is positioned as a continuing approval for transactions rather than a single one-off contract, based on the wording around “ongoing and new transactions.” The company’s disclosure does not provide line-item break-ups in the excerpt, so investors will likely refer to the annual report and AGM notice for the full details.

Director reappointment: Sunil Gopikishan Biyani

The AGM also includes the reappointment of Mr. Sunil Gopikishan Biyani, who retires by rotation and has offered himself for reappointment. The company said he has served on the board since May 27, 2011.

It also stated that he attended all four board meetings held during FY26. In addition, the disclosure notes that a family trust holds an indirect 28.53% stake, linking the reappointment vote to broader shareholder scrutiny on board continuity and ownership influence.

FY26 turnaround highlighted alongside the annual report

The 44th AGM coincides with the release of Galaxy Supermarket’s annual report for FY26. The disclosure highlights a sharp swing in profitability, stating that the company reported profit after tax (PAT) of ₹151.88 crore in FY26.

This reversed a loss of ₹329.07 crore in FY25, according to the same highlights. While the excerpt does not provide revenue, operating metrics, or segment details, the PAT swing is presented as a key context point for the AGM.

For shareholders, the timing means voting decisions on governance matters will take place alongside a fresh set of audited FY26 disclosures. Those documents typically provide the detailed rationale and audit committee view on related-party transactions.

NCLT update involving NuFuture Digital’s resolution professional

Separately, Galaxy Supermarket reported that the National Company Law Tribunal (NCLT) dismissed proceedings initiated by NuFuture Digital (India) Limited’s resolution professional. The dismissal date is stated as September 4, 2026.

The excerpt does not describe the nature of the proceedings or the relief sought, but the outcome is explicitly described as a dismissal by the NCLT. Such legal updates can be material for investors when they intersect with financial reporting or contingent liabilities, and the annual report may provide additional context.

Stock snapshot provided in the disclosure

The disclosure includes a price reference for the company’s equity. It states that the share price of GSLTD as on September 25, 2026 is ₹18.53.

No additional price history, volume data, or market-cap figures are included in the excerpt. The company’s disclosure also indicates there is no dividend history available and no splits history available in the provided dataset snapshot.

Past AGM and meeting history mentioned

The document also lists prior AGM and other meeting dates for Galaxy Supermarket. Recent entries include:

• AGM held on September 30, 2025 (43rd AGM proceedings and voting results were referenced as filed on BSE)
• AGM held on September 30, 2024
• AGM held on September 29, 2023

The meeting log also includes other shareholder meetings such as EGM and POM entries, including a POM on January 5, 2026, and an EGM on July 10, 2024. These entries provide continuity on the company’s shareholder engagement and statutory timetable.

Key facts table

Market impact and what investors will track

From a market perspective, the immediate focus is on the voting items: the scale of the related-party transactions proposed (₹45.25 crore aggregate) and the director reappointment. Related-party approvals often draw attention because they test board oversight and minority shareholder protections, especially where transactions are with entities under common control.

The profitability turnaround highlighted for FY26 provides an additional frame for the AGM, because governance decisions are being made alongside a significant shift in the company’s reported PAT. Investors and analysts typically track whether such a turnaround is supported by sustainable operational improvements, which would be addressed in the annual report rather than the excerpt.

The legal disclosure on the NCLT dismissal adds another layer, as shareholders often monitor litigation or tribunal matters for potential financial or operational implications. With limited details in the excerpt, the annual report and exchange filings remain the primary sources for further clarity.

Conclusion

Galaxy Supermarket’s 44th AGM on September 28, 2026 is set to be a key shareholder event, with votes on ₹45.25 crore of related-party transactions with ARL and the reappointment of director Sunil Gopikishan Biyani. The meeting also comes shortly after the company highlighted a FY26 PAT of ₹151.88 crore, reversing the FY25 loss.

The next confirmed milestones are the remote e-voting window from September 24 to September 27, 2026 and participation eligibility based on the September 21, 2026 cut-off date, as stated in the company’s disclosure.