Galaxy Bearings Ltd — Important, 11-06-2026: Company Update

Galaxy Bearings has made a further advance payment of ₹0.25 Cr towards the proposed purchase of agricultural land in Rajkot, Gujarat. This updates the total advance paid to ₹3.76 Cr. The payment forms part of the consideration for the acquisition, which remains subject to due diligence, finalization of commercial terms, and execution of definitive agreements. No transfer of ownership has occurred yet. This move indicates ongoing progress in the company's potential expansion or operational planning.