Gallantt Ispat Limited has received multiple regulatory disclosures from Gallantt Industry Private Limited regarding consecutive equity share acquisitions through open market purchases. The promoter group entity has executed strategic transactions to progressively increase its stake in the steel company.

Recent Transaction Details

The latest acquisition involved the purchase of 10,185 equity shares through open market transactions on March 6, 2026. This follows the earlier acquisition of 28,275 equity shares completed on March 4-5, 2026, demonstrating continued investment by the promoter group.

Progressive Shareholding Changes

The consecutive acquisitions have resulted in incremental increases in the promoter group's collective holding. The latest transaction has brought Gallantt Industry Private Limited's individual holding to 24,42,983 shares, representing 1.012% of the total equity capital.

Promoter Group Structure

Gallantt Industry Private Limited operates as part of an extensive promoter group comprising 33 other persons acting in concert. The group includes prominent individual promoters such as Chandra Prakash Agrawal, who holds the largest individual stake at 36.919% of the total share capital, along with various family members and related entities from the Agrawal family.

Regulatory Compliance

Both disclosures were filed 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 filings were signed by Smriti Agrawal, Director of Gallantt Industry Private Limited, with DIN: 10040203.

Company Information

Gallantt Ispat Limited maintains its equity shares listed on both BSE Limited and National Stock Exchange of India Limited. The company's total equity share capital remains unchanged at 24,12,80,945 equity shares of Rs. 10 each following these transactions. The promoter group's progressive acquisitions reinforce their commitment to maintaining substantial control over the company's strategic direction and operations.

Gallantt Ispat Limited has received a regulatory disclosure regarding the acquisition of 17,154 equity shares by Gallantt Industry Private Limited, a promoter group entity. This latest transaction represents the largest single acquisition in recent regulatory filings, demonstrating continued promoter confidence in the company's prospects through systematic open market investments.

Latest Transaction Details

The acquisition of 17,154 shares was completed on 02.03.2026, representing a significant increase compared to previous transactions. The regulatory disclosure was filed on 03.03.2026 with both stock exchanges. The following table summarizes the key transaction parameters:

Updated Shareholding Impact

Following this latest acquisition, Gallantt Industry Private Limited's individual holding has increased from 23,87,369 shares to 24,04,523 shares, raising its percentage from 0.989% to 0.996%. The combined promoter group holding shows the following movement:

Promoter Group Structure

The promoter group comprises 34 entities and individuals acting in concert, with Chandra Prakash Agrawal being the largest individual shareholder holding 8,90,78,023 shares (36.919% of total capital). Other significant promoter holdings include Madhu Agrawal with 2,03,74,917 shares (8.444%) and Santosh Kumar Agrawal with 1,69,02,501 shares (7.005%).

Regulatory Compliance

The disclosure has been made in compliance with 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 filing was submitted to both BSE Limited and National Stock Exchange of India Limited on 03.03.2026.

Gallantt Ispat Limited maintains a total equity share capital of 24,12,80,945 equity shares of Rs. 10 each. The acquiring entity, Gallantt Industry Private Limited, operates with CIN U26990UP2020PTC137202 and is based in Gorakhpur, Uttar Pradesh. The disclosure was signed by Smriti Agrawal, Director of Gallantt Industry Private Limited, with DIN 10040203.