Gallantt Industry Private Limited, a member of the Promoter Group of Gallantt Ispat Limited, has successfully acquired 26,546 equity shares of the target company through a market purchase. This transaction, executed on February 13, 2026, resulted in a minor increase in the Promoter Group’s total shareholding. The acquisition increased their combined voting rights from 0.939% to 0.950% of the total share capital.
Disclosure of Share Acquisition by Promoter Group
Gallantt Industry Private Limited has formally reported the acquisition of 26,546 equity shares of Gallantt Ispat Limited. The acquisition was conducted via Open market purchase on February 13, 2026.
Holding Summary Before and After Transaction
The report details the shareholding patterns of the Acquirer (Gallantt Industry Private Limited) and its Persons Acting in Concert (PACs) across both the Acquirer and the PACs:
Acquirer Holding (Gallantt Industry Private Limited)
- Before Acquisition: Held 22,64,674 shares, representing 0.939% of the total voting rights.
- Acquired: Purchased 26,546 shares, accounting for 0.011%.
- After Acquisition: Holds 22,91,220 shares, now representing 0.950% of the total voting rights.
Total Promoter Group Holding (Acquirer + PACs)
The consolidated holding of the Promoter Group, including Gallantt Industry Private Limited and 33 identified PACs, shows the following change:
- Before Transaction: The group held 16,63,18,587 shares, constituting 68.932% of the total share capital.
- Total Transaction: The group acquired an additional 26,546 shares, representing 0.011%.
- After Transaction: The total holding increased to 16,86,09,807 shares, resulting in a combined stake of 69.881% of the total share capital of Gallantt Ispat Limited.
Capital Structure Details
The underlying equity structure of Gallantt Ispat Limited remained unchanged by this transaction:
- Equity Share Capital Before/After: The capital stands at 24,12,80,945 Equity Shares of Rs. 10/- each.
- Total Diluted Share Capital After: Remains 24,12,80,945 Equity Shares of Rs. 10/- each.
The disclosure confirms that the acquisition was made by Smriti Agrawal, Director of Gallantt Industry Private Limited, acting on behalf of the entity.
Source: BSE