Gallantt Industry Private Limited, a part of the Promoter Group of Gallantt Ispat Limited, has increased its stake by acquiring 850 equity shares via open market purchases. This transaction occurred on February 25, 2026. The acquisition marginally increased the total shareholding of the acquirer and PACs from 0.980% to 0.980% of the total capital, reflecting a controlled accumulation by the promoters.
Insider Acquisition Details
Gallantt Industry Private Limited, identified as an Acquirer and a member of the Promoter Group, has disclosed the acquisition of 850 equity shares of Gallantt Ispat Limited. The acquisition was executed through the Open market mode on February 25, 2026.
Pre and Post Transaction Shareholding Analysis
The disclosure highlights the specific change in the holdings of the Acquirer and its Persons Acting in Concert (PACs) concerning Gallantt Ispat Limited. The total number of shares held by the group before the transaction stood at 23,64,642, representing 0.980% of the total share capital. Following the acquisition of 850 shares, the total holding increased to 23,65,492, which continues to represent 0.980% due to the method of rounding used for percentage reporting.
Acquirer and Promoter Group Holdings
The acquirer, Gallantt Industry Private Limited, saw its direct holding increase by 850 shares. The overall Promoter/Promoter Group, which includes 34 distinct PACs, maintained a combined holding that remained substantially concentrated prior to this transaction.
- Total Shares Before Transaction (Acquirer + PACs): 16,86,83,229 (representing 69.911% of the total capital).
- Total Shares Acquired: 850 equity shares.
- Total Shares After Transaction (Acquirer + PACs): 16,86,84,079 (representing 69.911% of the total capital).
Capital Structure Stability
The total equity share capital of Gallantt Ispat Limited remained constant throughout the transaction. The equity share capital before and after the acquisition was recorded as 24,12,80,945 Equity Shares of Rs. 10/- each, indicating no change in the authorized or paid-up structure of the target company.
Source: BSE
