Galaxy Bearings Ltd — Important, 02-05-2026: Company Update

Galaxy Bearings is evaluating a potential sale of its industrial land in 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. No binding agreement has been executed, and the transaction's conclusion is subject to negotiations, due diligence, final terms, and necessary approvals, with no certainty it will finalize. This potential asset monetization could have significant financial implications for the company and its shareholders.