Gallantt Ispat Limited has received a regulatory disclosure regarding the acquisition of 5,000 equity shares by Gallantt Industry Private Limited, a promoter group entity. The transaction was completed through open market purchase and has been reported under SEBI regulations governing substantial acquisition of shares and insider trading norms.

Transaction Details

The acquisition details demonstrate a modest increase in promoter group holdings. The following table summarizes the key transaction parameters:

Shareholding Impact

The acquisition resulted in a marginal change in the overall promoter group shareholding structure. The combined holding of Gallantt Industry Private Limited and its persons acting in concert shows the following movement:

Specifically, Gallantt Industry Private Limited's individual holding increased from 23,52,642 shares (0.975%) to 23,57,642 shares (0.977%).

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, where Gallantt Ispat Limited's shares are listed.

Company Structure

Gallantt Ispat Limited maintains a total equity share capital of 24,12,80,945 equity shares of Rs. 10 each. The promoter group includes 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).

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.

Gallantt Ispat Limited has announced the completion of an inter-se transfer of equity shares among its promoter group members, involving the transfer of 54,18,696 equity shares representing 2.245% of the company's total shareholding. The transaction was executed on February 12, 2026, as an off-market transfer between family members within the promoter group.

Transaction Details

The share transfer involved Chandra Prakash Agrawal HUF as the transferor and Chandra Prakash Agrawal as the transferee. This transaction represents a private arrangement within the Agrawal family aimed at streamlining family assets.

Regulatory Compliance

The transaction falls within the exemption under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it constitutes an inter-se transfer among promoter and promoter group members. The company had previously filed the required disclosure under Regulation 10(5) on December 08, 2025, in compliance with regulatory requirements.

Shareholding Impact

The inter-se transfer has resulted in changes to individual shareholding patterns while maintaining the overall promoter group holding unchanged.

Corporate Information

Gallantt Ispat Limited operates with its registered office and Gorakhpur unit located at Gorakhpur Industrial Development Authority (GIDA), Sahjanwa, Gorakhpur, Uttar Pradesh. The company also maintains a Gujarat unit at Samakhiali, Bhachau, District Kutch. The disclosure was signed by Nitesh Kumar, Company Secretary and Compliance Officer, and Chandra Prakash Agrawal, Director and Promoter, ensuring proper regulatory compliance and documentation of the transaction.