Gallantt Industry Private Limited, a member of the Promoter Group, has acquired 21,764 equity shares of Gallantt Ispat Limited through open market purchases. This transaction, dated February 11, 2026, resulted in a minor increase in the total shareholding of the group. The acquisition raised the Promoter Group’s total voting rights percentage from 69.861% to 69.870% of the total capital.
Share Acquisition by Promoter Entity
Gallantt Industry Private Limited (CIN: U26990UP2020PTC137202), identified as part of the Promoter Group, has informed the exchanges regarding the acquisition of additional equity shares in Gallantt Ispat Limited. The acquisition was conducted via market purchase, specifically through the Open market mode.
Transaction Details and Shareholding Changes
The entity acquired 21,764 equity shares with voting rights on February 11, 2026. This transaction increased the acquirer’s direct holding by 0.009% of the total share capital.
Holding Before Transaction (Acquirer and PACs)
- Shares carrying voting rights: 22,42,910 (0.930%)
- Total pre-acquisition holding: 22,42,910 (0.930%)
Transaction Summary
- Shares acquired: 21,764
- Percentage acquired (w.r.t. total capital): 0.009%
Holding After Transaction (Acquirer and PACs)
- Shares carrying voting rights: 22,64,674 (0.939%)
- Total post-acquisition holding: 22,64,674 (0.939%)
Aggregate Promoter Group Holding
The overall holding of the entire Promoter and Persons Acting in Concert (PAC) group saw a cumulative increase following the transaction. The total equity capital of Gallantt Ispat Limited before and after the transaction remains constant at 24,12,80,945 Equity Shares of Rs. 10/- each.
The aggregate figures for the Promoter Group (TOTAL 1+2) are summarized below:
- Pre-acquisition total holding: 16,85,61,497 shares, representing 69.861% of the total share capital.
- Post-acquisition total holding: 16,85,83,261 shares, representing 69.870% of the total share capital.
This disclosure was authorized by Smriti Agrawal, Director of Gallantt Industry Private Limited, on February 13, 2026.
Source: BSE
