Gallantt Industry Private Limited, a member of the Promoter Group, has acquired 25,000 equity shares of Gallantt Ispat Limited via open market purchase on February 18, 2026. This acquisition increased the total holding of the Promoter Group to 23,42,642 shares, corresponding to 0.971% of the total paid-up equity capital. The transaction details were submitted to the stock exchanges on February 19, 2026.
Promoter Group Share Acquisition Details
Gallantt Industry Private Limited, a key entity within the Promoter Group, has formally disclosed the acquisition of additional equity shares in Gallantt Ispat Limited. The transaction involved the purchase of 25,000 equity shares through the open market mechanism. The date of acquisition for these shares was February 18, 2026.
Change in Shareholding Percentage
Prior to this transaction, the total holding of the Acquirer and its Persons Acting in Concert (PACs) stood at 2,317,642 shares, representing 0.960% of the total share capital. Following the acquisition of 25,000 shares (representing 0.010% on a standalone basis), the total combined holding of the Promoter Group has risen to 2,342,642 shares. This new holding constitutes 0.971% of the total equity capital of Gallantt Ispat Limited.
Total Promoter Group Holdings Summary
The submission details that the aggregate holding of the Promoter Group, including the Acquirer and 34 PACs, stood at 16,63,18,587 shares (68.932%) before the transaction. After the acquisition, the total holding, combined with the 25,000 shares purchased by Gallantt Industry Private Limited, aggregated to 16,86,61,229 shares, resulting in a combined ownership of 69.902% of the total share capital.
Capital Structure Consistency
The disclosure confirms that the total equity share capital of Gallantt Ispat Limited remained unchanged throughout the transaction period. Both before and after the said acquisition/disposal, the Equity Share Capital stood at 24,12,80,945 Equity Shares of Rs. 10/- each.
Authorized Signatory
The disclosure was formally executed on behalf of Gallantt Industry Private Limited by Smriti Agrawal, Director (DIN: 10040203), dated February 19, 2026, from Gorakhpur.
Source: BSE
