Gallantt Ispat announced the voting results for its Extra-Ordinary General Meeting (EOGM) held on June 25, 2026, via Video Conferencing. Shareholders approved the appointment of five directors, including Mr. Dindayal Jalan as a Whole-time Director and three Non-Executive Independent Directors. Additionally, the company approved remuneration increases for its Chairman & Managing Director, two Whole-time Directors, and the Chief Executive Officer.

The meeting proceedings adhered to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote e-voting was facilitated by National Securities Depository Limited (NSDL), open from June 22, 2026, to June 24, 2026. Mr. Anurag Fatehpuria, a Company Secretary in Practice, served as the Scrutinizer for the voting process. The total number of shareholders as on the record date of June 18, 2026, was 32,076.

Resolutions Passed

The shareholders approved the following business items through ordinary and special resolutions:

Voting Summary

A total of 39,780,805 votes were polled on the outstanding shares, representing 16.48% of the total shareholding. Promoter and Promoter Group held 168,970,561 shares, while Public Non-Institutional shareholders held 72,004,535 shares. All resolutions were passed with the requisite majority, with the highest approval percentage reaching 100% for several items. The detailed scrutinizer's report has been uploaded on the company's website.

Gallantt Ispat has notified shareholders to claim unclaimed final dividends for FY 2018-19 by September 30, 2026, to avoid the transfer of equity shares to the Investor Education and Protection Fund (IEPF). The company stated that dividends remaining unpaid for seven years and shares in respect of which dividend has not been claimed for seven consecutive years are liable to be transferred to the IEPF under the Companies Act, 2013.

The company has sent individual communications to concerned shareholders at their registered addresses. Shareholders are advised to claim the outstanding dividends by the specified deadline. If the dividends are not claimed by September 30, 2026, the entire equity shares related to the unclaimed amounts will be transferred to the IEPF without further notice. Once transferred, no claim will lie against the company regarding these shares.

For shares held in physical form that are due for transfer to the IEPF, the company will issue new share certificates in lieu of the originals. Upon issuance, the original share certificates will stand automatically cancelled and be deemed non-negotiable. Shareholders may reclaim both the unclaimed dividend and the transferred shares from the IEPF Authority by following the procedures laid down under the relevant rules.

Key Details for Shareholders

Shareholders can verify the complete details of concerned shareholders on the company's website under the Investors Corner. For queries, shareholders may contact Niche Technologies Private Limited, the company's Registrar and Share Transfer Agent, or Mr. Nisha Kumar, Company Secretary, at the registered office.