Gallantt Industry Private Limited, part of the Promoter Group, has acquired 10,185 equity shares of Gallantt Ispat Limited through open market purchases on March 6, 2026. This transaction resulted in a marginal change in the promoter’s total shareholding percentage to 1.012%. The filing details comprehensive pre- and post-acquisition shareholding data for the acquirer and all associated Persons Acting in Concert (PACs).
Regulatory Disclosure of Share Acquisition
Gallantt Industry Private Limited, identified as an Acquirer and a member of the Promoter Group, formally disclosed the acquisition of 10,185 equity shares in Gallantt Ispat Limited. The acquisition was executed via an Open market purchase mode on 06.03.2026.
Shareholding Threshold Change
Prior to this transaction, the total holding of the Acquirer and its Persons Acting in Concert (PACs) stood at 24,32,798 shares, representing 1.008% of the total capital. Following the acquisition of 10,185 shares (representing 0.004% of the total capital), the new total holding stands at 24,42,983 shares, moving the cumulative percentage to 1.012%.
Details of Transactional Holdings
- Shares Acquired (Voting Rights): 10,185 shares
- Pre-Acquisition Total Holding: 24,32,798 shares (1.008% w.r.t total capital)
- Post-Acquisition Total Holding: 24,42,983 shares (1.012% w.r.t total capital)
The report confirms that the total share capital of Gallantt Ispat Limited remains unchanged at 24,12,80,945 Equity Shares of Rs. 10/- each both before and after the transaction.
Persons Acting in Concert (PACs) Confirmation
The disclosure rigorously lists 34 designated Persons Acting in Concert (PACs) involved in this transaction, all of whom are confirmed to belong to the Promoter/Promoter group. Key PACs listed include Chandra Prakash Agrawal, Chandra Prakash Agrawal HUF, Madhu Agrawal, and various other family members and associated entities like Gallantt Fincares Private Limited. The detailed Annexure 1 provides a complete breakdown of pre- and post-acquisition shareholding for the Acquirer and all PACs, confirming that only the Acquirer entity conducted the purchase of 10,185 shares.
This disclosure was signed on 07.03.2026 by Smriti Agrawal, Director of Gallantt Industry Private Limited.
Source: BSE
