Galaxy Bearings Limited at its AGM to be held on September 24, 2022 proposed that Mr. Navinchandra Mohanlal Patel, Non-Executive - Non-Independent Director of the Company; who has not expressed his consent /willingness for re-appointment shall cease to be Director of the Company from the date of this Annual General Meeting, and that the vacancy caused due to retirement of Mr. Navinchandra Mohanlal Patel shall not be filled up.