Pursuant to Regulation 34(1) of the SEBI (LODR) Regulations, 2015, we hereby submit the Annual Report of Galaxy Bearings Limited for FY 2025-26, including the Notice of the 36th AGM scheduled ....

Bearings Limited Date: August 27, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Sub: Submission of Annual Report for the Financial Year 2025-26 Ref: Galaxy Bearings Limited – Scrip Code: 526073 | Scrip ID: GALXBRG Dear Sir/Madam, Pursuant to Regulation 34(1) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Annual Report of Galaxy Bearings Limited for the Financial Year 2025-26, which also includes the Notice of the 36th Annual General Meeting (“AGM”) of the Company. The 36th AGM of the Company is scheduled to be held on Tuesday, September 22, 2026 at 03:30 P.M. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in compliance with the applicable provisions of the Companies Act, 2013, the relevant circulars issued by the Ministry of Corporate Affairs and the applicable provisions of the SEBI (LODR) Regulations, 2015. The Annual Report for the Financial Year 2025-26 is enclosed herewith for your information and records. The same is also uploaded on the Company’s website and can be accessed at: https://www.galaxybearings.com/ You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Galaxy Bearings Limited MB MUH AKU REM S TI HK EKA LIU DDS,S8OPfCRLDFA 92 o oH E hiN Ne aI 1g H Dd c xo a tRA 1: =i eaM i2t .n s t2aC BR I 2 : t0A oe PiE 4l . o2H=l A f5 n=y La 5 hD n0I UN . :9 NN c 9 a4 s :2A Id e MA f ni U . , y6eg B 6 a 21 tM oP .IM bn o5 m7 0A 0 K uo ce m =7 8cBD AE r0sd t24 a .PE hs2 tL, f d1b Ma R 3b ei D7E R g781l 4y A C UG Fn= a33e 16 MBo iK u9 262 1,A n V dH t8 3d6 :EO E gN h 4ee c 69fU S= oL 5 6rC l= c 67 o sB rH M 1 :a3 e8E, 2ic3 oo3 HKa8 36I a4 K 8 nf7, 52 UUaa t +D2 :itdA 64 ofa h 0MM4O4 1ff4 n4 i2 54M sc4 0IA9O c1 'K5 8 h39 ., d7U R 1,6N A4 e0" S o8 .,K 4 b r'3T Tcf= eSLa 47E E uEG =dC 79S mLLAb aaUHH IIe4 2f7HJ 0OK n9 0cA M 5 t1 eOU 0R 7E4 a5M L 6A b f@D 24A R 7T A 72 G9R,O f8B f 8S M 6 3AAT 3T 2 6 ADE 9DR 8 09IL ,d L9E aI O1 .,E aC b= 9T O6P 3= 1 Me a" 7rH 0,4s c oa7 en00 5a92 1l , 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 CONTENTS SR. NO. CONTENT PAGE NO. About Us 3 Letter to shareholders 10 Corporate information 12 Notice 18 Director’s Report 36 Annexure-A-Particulars of Employees 58 Annexure-B-Corporate Governance Report 60 Annexure-C- Management Discussion and Analysis Report 92 Annexure-D-Secretarial Audit Report 109 Annexure-E-CSR Report 113 Independent Auditors Report 117 Financial Statements 132 2025- 2026 | 36TH Annual Report 1 2 36TH Annual Report | 2025 – 2026 ABOUT US Established in 1990, Galaxy Bearings Limited has emerged as a trusted manufacturer of precision- engineered bearing solutions catering to diverse industrial applications in domestic and international markets. The completion of 35 years in September 2025 marks a significant milestone in the Company's journey, during which it has consistently strengthened its capabilities in the manufacturing of Taper Roller Bearings, Cylindrical Roller Bearings, and other specialized bearing products designed to meet stringent quality and performance standards. Inspired by the Sun, a symbol of energy, strength, reliability, and continuity, Galaxy Bearings has built its business philosophy around delivering dependable products, exceptional customer service, and long- lasting relationships. Just as the Sun illuminates and sustains life, we strive to create value for our customers, shareholders, employees, and stakeholders through innovation, operational excellence, and ethical business practices. Today, Galaxy Bearings Limited stands as a quality-driv en organization committed to sustainable growth, t echnological advancement, customer satisfaction, and continuous improvement while maintaining the highest standards of corporate governance and integrity. 2025- 2026 | 36TH Annual Report 3 OUR VISION "To become a globally respected and preferred bearing manufacturer by delivering world-class products t hat meet Indian and international standards while consistently fulfilling customer-specific requirements across domestic and global markets." OUR MISSION • To achieve global manufacturing excellence through the adoption of best-in-class practices and continuous improvement. • To provide reliable, high-quality, and cost-effective bearing solutions that exceed customer expectations. • To deliver superior service quality, operational reliability, and customer satisfaction. • To build enduring relationships based on trust, transparency, and mutual growth. • To achieve sustainable growth while maintaining high standards of productivity, innovation, and operational ef�iciency.. 4 36TH Annual Report | 2025 – 2026 OUR CORE VALUES Integrity We conduct our business with honesty, transparency, and eMthuitcuaal lr Resepsopnescitb ility. We value people, diversity, and foster an inclusive and cToelalambowroartikv e work environment. WInen obvelaiteivoen i na ncodl lCercetiavteiv eiftfyo rts and shared success through effective collaboration. WExec eelnlceonucrea ge continuous learning, improvement, and innovative thinking. WTreu ssttrwivoer ttoh iancehsiesv e the highest standards in quality, performance, and customer service. We build long-term relationships through reliability, accountability, and consistency. CORPORATE PHILOSOPHY Galaxy Bearings Limited believes that sustainable growth is achieved through a balanced focus on customer satisfaction, operational excellence, employee development, environmental responsibility, and ethical business practices. The Company remains committed to creating long-term value for all stakeholders through innovation, quality, transparency, and responsible corporate conduct. CELEBRATING 35 YEARS OF TRUST, QUALITY AND EXCELLENCE During FY 2025-26, Galaxy Bearings Limited proudly completed 35 years of manufacturing excellence, marking a significant milestone in its growth journey since incorporation in 1990. This achievement reflects our enduring commitment to quality, reliability and customer satisfaction. From a modest beginning in 1990 to becoming a recognized manufacturer and exporter of precision bearings, our journey has been defined by resilience, dedication, innovation, and an unwavering commitment to quality. This milestone is not merely a celebration of years but a reflection of the trust reposed in us by our customers, shareholders, employees, suppliers, business associates, financial institutions, and all stakeholders who have contributed to our growth story. As we honour our legacy, we remain focused on building a stronger future through technological advancement, customer-centricity, operational excellence, and sustainable growth. 2025- 2026 | 36TH Annual Report 5 OUR COMPETITIVE STRENGTHS • More than 35 years of manufacturing expertise in the bearing industry. • Strong reputation for quality, reliability, and customer satisfaction. • Integrated management systems certified under internationally recognized standards including IATF 16949, ISO 14001 and ISO 45001. • Strong commitment to quality, environmental stewardship and occupational health & safety through certified management systems. • One Star Export House recognition reflecting strong export performance. • Advanced manufacturing facilities equipped with sophisticated machinery and special-purpose machines. • Comprehensive in-house testing and quality assurance facilities. • Experienced management team and skilled workforce. • Long-standing relationships with customers across domestic and international markets. • Continuous focus on process improvement, productivity enhancement, and cost optimization. OUR JOURNEY OF MILESTONES 6 36TH Annual Report | 2025 – 2026 [Showing first 8,000 characters — download PDF for full document]