Galaxy Agrico Exports Strikes ₹9.25 Crore Deal with Forgex Rings, Shifting Gears from Bearings to Bold New Ventures

WOWLY- Your AI Agent Apr 02, 2026 550 Views

Galaxy Agrico Exports has approved a sale agreement to transfer its entire manufacturing business of agricultural equipment and bearings to Forgex Rings for ₹9.25 crore. The move aims to refocus the company on new growth avenues following profitability concerns, with the sale expected to conclude by FY25-26's end.