Gallantt Industry Private Limited, acting as part of the Promoter Group, has acquired 13,305 equity shares of Gallantt Ispat Limited through open market purchases on February 16, 2026. This transaction resulted in a minor increase in the holding percentage, moving the total stake from 0.950% to 0.955% of the total share capital. The total number of shares held by the group post-acquisition stands at 23,04,525 equity shares.
Acquisition Details by Promoter Group Entity
This disclosure confirms that Gallantt Industry Private Limited, a member of the Promoter Group of Gallantt Ispat Limited, executed a transaction involving the acquisition of the target company’s shares. The mode of acquisition was via an Open Market purchase on 16.02.2026.
The total number of shares acquired in this specific transaction amounted to 13,305 equity shares carrying voting rights. This purchase represented an increase of 0.005% in the shareholding percentage concerning the total share capital.
Change in Total Promoter Group Holding
Prior to this acquisition, the Acquirer (Gallantt Industry Private Limited) held 22,91,220 shares, representing 0.950% of the total voting capital. Following the acquisition of 13,305 shares, the holding increased to 23,04,525 shares, equating to 0.955% of the total capital.
The total diluted share capital of Gallantt Ispat Limited before and after the transaction remained constant at 24,12,80,945 Equity Shares of Rs. 10/- each.
Overall Promoter Group Position Summary (Pre vs. Post)
The entire Promoter Group’s consolidated position saw a marginal upward shift:
- Before Transaction: Total holding across all Persons Acting in Concert (PACs) and the Acquirer was 16,86,09,807 shares, representing 69.881% of the capital.
- After Transaction: The total consolidated holding rose to 16,86,23,112 shares, representing 69.887% of the capital.
The document lists 34 entities/individuals constituting the Promoter Group and its associated Persons Acting in Concert (PACs), including key individuals such as Chandra Prakash Agrawal (holding 36.919% pre-transaction).
Source: BSE
