Gallantt Industry Private Limited, part of the Promoter Group, announced the acquisition of 13,117 equity shares in Gallantt Ispat Limited through open market purchases. This transaction was completed on February 17, 2026. Following the acquisition, the total shareholding of the acquirer and Persons Acting in Concert (PACs) increased slightly, resulting in a collective stake of 0.960% of the total share capital.
Share Acquisition by Promoter Group Entity
Gallantt Industry Private Limited, acting as an Acquirer within the Promoter Group, has formally disclosed the acquisition of 13,117 equity shares of Gallantt Ispat Limited (TC). The acquisition was executed via an Open market transaction on February 17, 2026. This filing serves as the mandatory disclosure required under prevailing regulations concerning Substantial Acquisition of Shares.
Pre and Post-Transaction Holding Analysis
Prior to this purchase, the total shareholding of the Acquirer and its Persons Acting in Concert (PACs) stood at 23,04,525 shares, representing 0.955% of the total share capital. Following the acquisition of 13,117 shares (0.005% of the capital), the aggregate holding has risen to 23,17,642 shares, equating to 0.960% of the total share capital.
Shareholding Details for Key Stakeholders
The disclosure highlights that the holding percentages for the vast majority of the 34 identified PACs remained unchanged by this transaction, as the shares were acquired solely by Gallantt Industry Private Limited. For instance, major shareholders like Chandra Prakash Agrawal maintain their holding of 8,90,78,023 shares (36.919%).
Total Capital Structure
The total equity share capital of Gallantt Ispat Limited remains constant before and after the said acquisition/disposal at 24,12,80,945 Equity Shares of Rs. 10/- each. The combined holding of the Promoter Group post-transaction now represents 69.892% of the total capital, up from 69.887% previously recorded.
Source: BSE
