In continuance of our earlier disclosure please find the update over the same as per attached file herewith.

Bearings Limited Date: October 31, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. Subject: Update / Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Execution of Definitive Sale Deed for Tranche 2 of Industrial Land Sale Ref: GALAXY BEARINGS LIMITED (Scrip Code: 526073; Scrip ID: GALXBRG) Dear Sir/Ma'am, This is in continuation to the Company's earlier corporate announcements dated May 02, 2026, September 15, 2026, September 17, 2026, and September 25, 2026, regarding the proposed sale of the Company's industrial land situated at Gat No. 1091, Village: Sanaswadi, Taluka: Shirur, District: Pune, Maharashtra. The Company had, vide its disclosure dated September 25, 2026, informed the Stock Exchange regarding the temporary deferral of the execution of the definitive Sale Deed for Tranche 2 due to unforeseen administrative and procedural pending requirements. We now wish to inform you that the definitive Sale Deed for Tranche 2, comprising the sale of 5,700 Sq. Meters of land to TREEFAC WORKS LLP for a total consideration of Rs. 150 Lakhs (One Crore Fifty Lakhs Only), has been successfully executed by both parties yesterday, i.e., Friday, October 30, 2026. The structured details of the transaction, as previously approved by the Board of Directors and enclosed in Annexure-A of our disclosure dated September 15, 2026, stand completed with respect to Tranche 2. You are requested to take the above update on your record. Thanking you, Yours faithfully, For, Galaxy Bearing Limited Bhumika Teli Company Secretary and Compliance Officer Place: Ahmedabad Registered office: A-53/54, 5th Floor, Pariseema Complex, C.G. Road, Ellisbridge, Ahmedabad 380006. Tel.: (079) 29606020, Fax No.: (079)29606020, Email: investor@galaxybearings.com, Website: www.galaxybearings.com CIN: L29120GJ1990PLC014385 Bearings Limited ANNEXURE-A Definitive Terms of the Disposed Land Parcels (Gat No. 1091, Sanaswadi) Sr. Particulars Tranche 1 Details Turnover / Net Worth Not Applicable. It is an unutilized industrial land block and contribution of the asset does not contribute to operational revenue. Board Approval of final commercial terms: September 15, Date of entering into 2 2026. definitive agreement Definitive Sale Deed executed on October 30, 2026. Expected date of completion 3 Completed on October 30, 2026. of sale Rs. 150 Lakhs (One Crore Fifty Lakhs Only) 4 Consideration to be received TREEFAC WORKS LLP. Address: 838/1, Tal. Shirur, Dist: Pune - Brief details of buyers & 5 412208. Promoter Group status Does not belong to Promoter/Promoter Group. Whether Related Party No. Does not fall under Section 188 of Companies Act, 2013 or Transaction (RPT)? Reg. 23 of SEBI LODR. 5,700 Sq. Meters (0 H 57 Are). 7 Area of Land being sold Whether the sale, lease or disposal of the undertaking is 8 Not Applicable outside Scheme of Arrangement For, Galaxy Bearing Limited Bhumika Teli Company Secretary and Compliance Officer Place: Ahmedabad Registered office: A-53/54, 5th Floor, Pariseema Complex, C.G. Road, Ellisbridge, Ahmedabad 380006. Tel.: (079) 29606020, Fax No.: (079)29606020, Email: investor@galaxybearings.com, Website: www.galaxybearings.com CIN: L29120GJ1990PLC014385