Dinesh R. Agarwal, Whole-time Director and Promoter Shareholder of Gallantt Ispat Limited, has reported the sale of 3,89,708 equity shares. The transaction occurred through the open market on November 2, 2026. This sale represents 0.161% of the total equity share capital of the company. Following the sale, Agarwal’s holding, along with Persons Acting in Concert (PACs), has reduced to 5.646%.
Promoter Equity Sale at Gallantt Ispat
Dinesh R. Agarwal, a key Promoter Shareholder and Whole-time Director of Gallantt Ispat Limited, has officially disclosed the sale of a significant block of equity shares. The transaction, which took place on November 2, 2026, involved the disposal of 3,89,708 equity shares via the open market.
Transaction Details
The disclosed sale accounts for 0.161% of the company’s total equity share capital and diluted share capital. Prior to this transaction, Mr. Agarwal and his associated Persons Acting in Concert (PACs) held 5.807% of the equity shares. Post-sale, their aggregate holding has decreased to 5.646%.
Shareholding Before and After
Before the sale, the total holding of the seller, along with PACs, stood at 1,40,12,196 equity shares, representing 5.807% of the total share capital. After the disposal of 3,89,708 shares, the combined holding is now 1,36,22,488 equity shares, constituting 5.646% of the total share capital.
The equity share capital of Gallantt Ispat Limited remains unchanged at 24,12,80,945 Equity Shares with a face value of Rs. 10/- each, both before and after the acquisition/disposal.
Source: BSE
