Gallantt Industry Private Limited, a part of the Promoter Group, has disclosed the acquisition of 10,000 equity shares in Gallantt Ispat Limited through a market purchase. This transaction was executed on February 19, 2026. Following the purchase, the holding of the Acquirer and Persons Acting in Concert (PACs) increased marginally from 0.971% to 0.975% of the total share capital. The disclosure complies with SAST and PIT regulations, confirming the continuous alignment of the Promoter Group with the company.
Disclosure of Promoter Group Share Acquisition
Gallantt Industry Private Limited has formally submitted a disclosure regarding the acquisition of shares in Gallantt Ispat Limited. The acquisition involves 10,000 equity shares purchased via the open market route on February 19, 2026. The filing confirms adherence to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Shareholding Change Details
Prior to the transaction, the total shareholding of the Acquirer and the Persons Acting in Concert (PACs) stood at 2,342,642 shares, representing 0.971% of the total voting capital. The acquisition of 10,000 shares resulted in the post-acquisition holding increasing to 2,352,642 shares, which now constitutes 0.975% of the total share capital.
Key Figures Summary (Acquirer + PACs)
- Shares Acquired: 10,000 equity shares
- Mode of Acquisition: Open market
- Pre-Acquisition Voting Rights: 0.971%
- Post-Acquisition Voting Rights: 0.975%
- Total Equity Capital: 24,12,80,945 Equity Shares of Rs. 10/- each
Promoter Group Composition
The filing confirms that the acquirer, Gallantt Industry Private Limited, belongs to the Promoter/Promoter group of Gallantt Ispat Limited. The filing details the shareholding changes across the Acquirer and the 34 listed members of the PACs, including key entities like Chandra Prakash Agrawal HUF and Gallantt Fincares Private Limited. The total combined holding for all listed members (Acquirer and PACs) moved from 68.932% to 68.936% of the total capital.
Source: BSE
