Gallantt Ispat Limited has received another regulatory disclosure regarding a fresh acquisition of equity shares by its promoter group entity. Gallantt Industry Private Limited acquired an additional 25,000 equity shares through market purchase on 18.02.2026, following its previous acquisitions of 26,546 shares on 13.02.2026 and 13,117 shares on 17.02.2026.

Latest Transaction Details

The latest acquisition was formally disclosed on 19.02.2026 under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The shares were acquired through open market transactions.

Updated Shareholding Pattern

Following the latest transaction, Gallantt Industry Private Limited's shareholding increased from 23,17,642 shares (0.960%) to 23,42,642 shares (0.971%). This represents an incremental increase of 0.011% in their individual holding.

Combined Promoter Holdings Update

The total combined holding of the acquirer along with persons acting in concert increased from 16,86,36,229 shares (69.892%) to 16,86,61,229 shares (69.902%) following this latest transaction. Including all recent acquisitions, the promoter group has now acquired a total of 64,663 shares across multiple transactions.

Regulatory Compliance

The company's total equity share capital remains unchanged at 24,12,80,945 equity shares of Rs. 10/- each. The disclosure was signed by Smriti Agrawal, Director of Gallantt Industry Private Limited (DIN: 10040203), ensuring continued compliance with regulatory requirements for substantial acquisition disclosures. The company's shares continue to be listed on BSE Limited (Scrip Code: 532726) and National Stock Exchange of India Limited (Symbol: GALLANTT).

Gallantt Ispat Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing a decline in key financial metrics compared to the corresponding period last year. The Board of Directors approved the standalone and consolidated unaudited financial results in their meeting held on February 04, 2026.

Financial Performance Overview

The company's Q3FY26 results demonstrate year-on-year contractions across major performance indicators, though management noted that topline was impacted by softer realizations, offsetting marginal growth in Rebar sales.

Operational Performance Update

The company's operational metrics showed mixed results across its two manufacturing facilities. TMT Bars production increased marginally by 2.0% to 196 KT in Q3FY26 compared to 192 KT in Q3FY25, while pellet production surged 35.6% to 238 KT.

Nine Months Performance

For the nine months ended December 31, 2025, the company showed improved performance with revenue from operations of ₹3,214.11 crores compared to ₹3,220.58 crores in the corresponding period of FY25. Net profit for nine months increased significantly to ₹361.44 crores from ₹284.44 crores year-on-year, representing a 27.1% growth.

Market Position and Outlook

Gallantt Ispat maintains its position as the largest producer of Rebars in Uttar Pradesh with a 25% market share in its addressable geographies. The company operates through an extensive network of 3,000+ active dealers and 34 distributors, with 80% of sales conducted via the dealer-distributor network.

Management expects Q4 FY26 to benefit from stronger volume growth and strengthening of steel prices, with the monsoon season now over. The company's integrated operations across Gorakhpur and Kutch facilities provide strategic advantages in India's growing steel market, where demand is projected to grow approximately 9% in CY2026.