Gallantt Ispat Limited has completed multiple inter-se transfers of equity shares within its promoter group, involving transfers on both December 29 and December 30, 2025. The transactions involved over 1.58 crore shares transferred among family members of the Agrawal promoter group.

Recent Transaction Overview

The latest transaction on December 29, 2025, involved 55,75,467 equity shares (2.31% of share capital) transferred from Prem Prakash Agrawal HUF to Prem Prakash Agrawal. This was followed by another transfer on December 30, 2025, involving 1,03,35,943 equity shares (4.28% of share capital) among other family members.

December 29 Transaction Details

The December 29 transaction involved a single transferor and acquirer within the promoter group. Prem Prakash Agrawal HUF transferred all its 55,75,467 equity shares to Prem Prakash Agrawal, completely divesting its shareholding in the company.

December 29 Shareholding Changes:

December 30 Transaction Details

The December 30 transaction involved two transferors and two acquirers within the promoter group. Santosh Kumar Agrawal HUF transferred 56,50,943 equity shares, while Priyanka Gupta transferred 46,85,000 equity shares to Santosh Kumar Agrawal and Madhu Agrawal respectively.

December 30 Transfer Breakdown:

Regulatory Compliance

Both transactions were conducted under the exemption provided in Regulation 10(1)(a)(i) and 10(1)(a)(iv) of SEBI SAST Regulations, which allows inter-se transfers within promoter groups without triggering open offer requirements. The company filed the requisite intimations under Regulation 10(5) on December 08, 2025, and submitted post-transaction disclosures under Regulation 10(6) on January 03, 2026.

Chandra Prakash Agrawal, representing the promoter group, signed the regulatory filings on behalf of all acquirers. The disclosures were filed with both BSE Limited (scrip code 532726) and National Stock Exchange of India Limited (symbol GALLANTT), where the company's shares are listed.

Gallantt Ispat Limited has disclosed a series of significant inter-se share transfers within its promoter group, involving five separate transactions totaling 3,51,58,905 equity shares (14.57% of total share capital) conducted between December 22-29, 2025. The transactions involved transfers from multiple promoter group members to Chandra Prakash Agrawal, Santosh Kumar Agrawal, and Prem Prakash Agrawal, all Directors and Promoter Shareholders.

Comprehensive Transaction Overview

The inter-se transfers were executed across multiple days in December 2025, with all transactions being off-market private transfer arrangements between members of the Agrawal family to streamline the family's assets within the promoter group structure.

Detailed Transaction Breakdown

The five inter-se transfers involved different family members and entities transferring their holdings to consolidate ownership within the promoter group.

Updated Shareholding Structure

The latest regulatory filings reveal the post-transaction shareholding positions for all acquirers within the promoter group following the completion of all transfers.

Transferor Holdings Post-Transaction

The regulatory disclosures confirm the final shareholding positions of all transferors following the completion of all inter-se transfers.

Regulatory Compliance and Disclosures

All transactions have been disclosed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically under Regulation 10(6). The acquisitions were made under the exemption provided in Regulation 10(1)(a)(i) and 10(1)(a)(iv) of SEBI SAST Regulations. For the December 29 transaction, prior intimation was filed on December 08, 2025, under Regulation 10(5), with the final disclosure submitted on January 03, 2026.

The company's total equity share capital comprises 24,12,80,945 equity shares of ₹10.00 each. These inter-se transfers represent a strategic consolidation within the Agrawal family promoter group, designed to streamline asset management and strengthen control structure within the existing promoter framework.