Gallantt Industry Private Limited, a key entity within the Promoter Group, has acquired 10,000 equity shares of Gallantt Ispat Limited via open market purchases on March 23, 2026. This transaction results in a minor increase in the promoter group’s total shareholding, moving from 1.063% to 1.067% of the total paid-up equity capital. The disclosure details the holdings of the acquirer and 35 related Persons Acting in Concert (PACs).
Acquisition Details by Promoter Group Entity
Gallantt Industry Private Limited, a member of the Promoter Group of Gallantt Ispat Limited, formally disclosed the acquisition of 10,000 equity shares of the company. The acquisition was executed through the Open Market mode on March 23, 2026. This specific transaction constitutes an acquisition of shares carrying voting rights.
Shareholding Change Summary
Prior to this acquisition, the total holding of the Acquirer and its Persons Acting in Concert (PACs) in terms of voting rights was 25,65,475 shares, representing 1.063% of the total capital. Following the purchase of 10,000 shares (which is 0.004% of the total capital), the consolidated holding of the group now stands at 25,75,475 shares, equating to 1.067% of the total voting rights in Gallantt Ispat Limited.
Capital Structure Context
The total equity share capital of Gallantt Ispat Limited, both before and after the said acquisition, remains constant at 24,12,80,945 Equity Shares of Rs. 10/- each. The final diluted share/voting capital after the transaction is also confirmed to be the same figure.
Details of Persons Acting in Concert (PACs)
The filing lists 35 specified individuals and entities acting in concert with the acquirer, Gallantt Industry Private Limited. Key PACs identified in the filing include Chandra Prakash Agrawal, Madhu Agrawal, and Dinesh R Agarwal, among others. The detailed annexure provided the pre- and post-transaction shareholding data for all these related parties collectively.
Overall Promoter Group Position
The combined total holding of the Acquirer and all listed PACs (Total (1+2)) increased marginally from 69.995% (representing 16,88,84,062 shares) to 69.999% (representing 16,88,94,062 shares) due to the 10,000 share transaction.
Source: BSE
