Appointment of New Managing Director

Date: 21st October, 2026 The Department of Corporate Services BSE Limited P.J. Towers, Dalal Street, Mumbai – 400001 Scrip Code: 531911 Subject: Outcome of the Board Meeting held on 21st October, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Galaxy Agrico Exports Limited, at its meeting held on Wednesday, 21st October, 2026, has considered and approved the following matters: 1. Resignation of Mr. Prashant Sudhir Khairnar (DIN: 11434708) as Managing Director The Board has considered and taken on record the resignation of Mr. Prashant Sudhir Khairnar (DIN: 11434708) from the position of Managing Director of the Company, with effect from 21st October, 2026. The resignation is from the position of Managing Director only. His directorship in the Company shall continue, unless otherwise separately determined. 2. Appointment of Mr. Gaurang Shah (DIN: 05164763) as Additional Director (Managing Director) The Board has approved the appointment of Mr. Gaurang Shah (DIN: 05164763) as Additional Director (Managing Director) of the Company, with effect from 21st October, 2026, subject to the approval of the shareholders and such other approvals as may be required under applicable laws. Mr. Gaurang Shah is a qualified Company Secretary with approximately 15 years of experience in corporate governance, corporate compliance and regulatory matters. He has worked with various companies across different industry sectors and possesses experience in statutory compliance and corporate governance practices. The requisite disclosures under Regulation 30 of the SEBI (LODR) Regulations, 2015, read with the applicable SEBI circulars, are enclosed as Annexure A. The meeting commenced at 03:00 P.M. and concluded at 03:30 P.M. You are requested to take the above information on record. Thanking you, Yours faithfully, For Galaxy Agrico Exports Limited Kalpataru Bhogilal Shah Director DIN: 11655140 Details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Details regarding the change in management approved at the Board Meeting held on 21st October, 2026. A. Resignation of Mr. Prashant Sudhir Khairnar Particulars Details Name Mr. Prashant Sudhir Khairnar DIN 11434708 Resignation from the position of Managing Director of the Company due to a Reason for change change in professional commitments. Date of cessation 21st October, 2026 Brief profile Not applicable Disclosure of relationships Not applicable, unless otherwise required to be disclosed between directors The resignation relates only to the position of Managing Director. He shall Directorship status continue as a Director, unless separately determined. B. Appointment of Mr. Gaurang Shah Particulars Details Name Mr. Gaurang Shah DIN 05164763 Reason for change Appointment as Managing Director of the Company Date of appointment 21st October, 2026 Term of appointment 5 Years Subject to approval of shareholder Mr. Gaurang Shah is a qualified Company Secretary with approximately 15 years of experience in corporate governance, corporate compliance and regulatory Brief profile matters. He has worked with various companies across different industry sectors and has experience in statutory compliance and corporate governance practices. Disclosure of relationships There is no relationship between the directors of the company between directors Subject to the approval of the shareholders and other applicable statutory Shareholder approval approvals, as required. Information regarding Mr. Gaurang Shah is not debarred from holding the office of Director by virtue of debarment any SEBI or other authority order. For Galaxy Agrico Exports Limited Kalpataru Bhogilal Shah Director DIN: 11655140 Date: 21st October, 2026 Place: Rajkot Prashant Sudhir Khairnar Plot No 21 Room No 40 Vikrant Bhavan Chs Ltd, Near Mangalmurti Hospital, Gorai 2, Borivali - 400091 RESIGNATION LETTER Date: 21st October, 2026 The Board of Directors Galaxy Agrico Exports Limited 236, Jai Kishan Ind Estate, Bhumi Polymers Gate, Veraval (Shaper)-360024 Subject: Resignation from the position of Managing Director Dear Sir/Madam, I hereby tender my resignation from the position of Managing Director of Galaxy Agrico Exports Limited, with effect from 21st October, 2026, due to a change in his professional commitments. I confirm that my resignation is limited to the position of Managing Director of the Company and that I shall continue as a Director of the Company, unless otherwise separately determined. I take this opportunity to express my sincere gratitude to the Board of Directors and the management for their support and cooperation during my tenure as Managing Director. I request the Board to take my resignation on record and complete the necessary formalities and statutory filings in this regard. Thanking you. Yours faithfully, Prashant Sudhir Khairnar DIN: 11434708 Date: 21st October, 2026