Gallantt Ispat Promoter Acquires 23.5 Lakh Shares in Inter-Se Transfer
Gallantt Ispat Limited witnessed an inter-se share transfer where Santosh Kumar Agrawal acquired 23,49,775 equity shares from family member Smriti Agrawal on December 23, 2025. This off-market transaction increased Santosh's holding from 3.69% to 4.66% of the company's total share capital. The transfer was part of a private arrangement within the Agrawal family to streamline assets, with proper regulatory disclosures filed under SEBI regulations.
*this image is generated using AI for illustrative purposes only.
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.
| Parameter: | Details |
|---|---|
| Shares Acquired: | 23,49,775 equity shares |
| Transaction Date: | December 23, 2025 |
| Transfer Type: | Inter-se transfer (off-market) |
| Seller: | Smriti Agrawal |
| Buyer: | Santosh Kumar Agrawal |
| Purpose: | 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:
| Holding Period: | Number of Shares | Percentage of Total Capital |
|---|---|---|
| Before Acquisition: | 89,01,783 | 3.69% |
| Shares Acquired: | 23,49,775 | 0.97% |
| After Acquisition: | 1,12,51,558 | 4.66% |
Key Promoter Holdings Post-Transaction
The transaction has reshuffled holdings within the promoter group, with Chandra Prakash Agrawal remaining the largest individual promoter:
| Promoter Name: | Shares Held | Percentage Holding |
|---|---|---|
| Chandra Prakash Agrawal: | 8,90,78,023 | 36.92% |
| Santosh Kumar Agrawal: | 1,12,51,558 | 4.66% |
| Pallavi Agrawal: | 2,00,000 | 0.08% |
| Smriti Agrawal: | 4,00,000 | 0.17% |
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.
Historical Stock Returns for Gallantt Ispat
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.25% | +1.39% | -11.56% | -1.23% | +52.93% | +1,326.12% |
17
