Tag
Galaxy Supermarket Limited
5 articles
Galaxy Supermarket Limited is navigating a complex legal and financial landscape while demonstrating a significant operational turnaround. The company recently saw dismissal of proceedings initiated by a resolution professional, though potential appeals remain a possibility, and faces a ₹51.19 lakh tax recovery notice with banks placing liens on accounts. Despite these challenges, Galaxy Supermarket reported a substantial profit of ₹15.19 crore on revenue of ₹423.14 crore for FY25-26, alongside expansion to 15 stores and the launch of a new dry fruits brand, indicating a renewed focus on core supermarket operations. Investors should monitor the outcomes of the legal and tax matters, as well as shareholder approval for related-party transactions totaling ₹45.25 crore with Aadhar Retailing, which could impact future financial performance.
Galaxy Supermarket NCLT Proceedings Dismissed
Galaxy Supermarket discloses dismissal of NCLT proceedings filed by NuFuture Digital's Resolution Professional.
Hon'ble NCLT dismissed interlocutory application seeking reversal of alleged preferentia
Galaxy Supermarket Receives ₹51.19 Lakh Tax Recovery Notice
Galaxy Supermarket discloses receipt of a commercial tax recovery notice for ₹51.19 lakh plus interest for FY2008-09 to 2010-11.
Banks have marked a lien on the company's accounts following an attachm
Galaxy Supermarket 44th AGM Notice Distribution
Galaxy Supermarket Limited announces its 44th Annual General Meeting scheduled for September 28, 2026 via video conferencing.
The company is sending physical letters to shareholders without registered
Galaxy Supermarket 44th AGM Notice with RPT Approval
Galaxy Supermarket Limited convenes its 44th Annual General Meeting on September 28, 2026, via video conference.
AGM agenda includes adoption of FY26 financial statements and re-appointment of directo
Galaxy Supermarket Limited FY25-26 Annual Report & AGM Notice
Galaxy Supermarket Limited (formerly Galaxy Cloud Kitchens) reported FY25-26 revenue of ₹423.14 crore with PAT of ₹15.19 crore, a significant turnaround from previous year's loss.
The 44th AGM is sche