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.

Gallantt Ispat Limited has witnessed a significant inter-se share transfer within its promoter group, with Santosh Kumar Agrawal acquiring 23,49,775 equity shares from family member Smriti Agrawal on December 23, 2025. This strategic move represents a private arrangement within the Agrawal family aimed at streamlining family assets.

Transaction Details

The share acquisition was executed as an off-market inter-se transfer between immediate relatives within the promoter group. According to the regulatory filing submitted on December 24, 2025, this transfer represents a private arrangement within the Agrawal family aimed at streamlining family assets.

Impact on Shareholding Pattern

The acquisition has resulted in significant changes to the promoter group's shareholding pattern. The combined holding of Santosh Kumar Agrawal along with persons acting in concert has increased substantially following this transaction:

Key Promoter Holdings Post-Transaction

The transaction has reshuffled holdings within the promoter group, with Chandra Prakash Agrawal remaining the largest individual promoter:

Regulatory Compliance

The company has filed comprehensive disclosures under multiple SEBI regulations to ensure full compliance. The regulatory filing was submitted to both BSE Limited and National Stock Exchange of India Limited on December 24, 2025, covering:

• Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Promoter Group Structure

The transaction involves an extensive promoter group comprising 34 entities, including individual promoters, Hindu Undivided Families (HUFs), and corporate entities. Key members include Chandra Prakash Agrawal, Mayank Agrawal, Madhu Agrawal, and corporate entities like Gallantt Fincares Private Limited and Gallantt Industry Private Limited. The company's total equity share capital stands at 24,12,80,945 equity shares of Rs. 10 each.