Gallantt Industry Private Limited Acquires 26,546 Equity Shares in Gallantt Ispat Limited

Gallantt Ispat Limited has received a regulatory disclosure regarding the acquisition of equity shares by its promoter group entity. Gallantt Industry Private Limited, which forms part of the promoter group, acquired 26,546 equity shares through market purchase on 13.02.2026. Transaction Details The acquisition was formally disclosed on 14.02.2026 under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The shares were acquired through open market transactions. Parameter: Details Acquiring Entity: Gallantt Industry Private Limited Number of Shares Acquired: 26,546 Acquisition Date: 13.02.2026 Mode of Acquisition: Open market CIN of Acquirer: U26990UP2020PTC137202 Shareholding Pattern Changes The transaction resulted in a marginal increase in the promoter group's shareholding. Before the acquisition, Gallantt Industry Private Limited held 22,64,674 shares representing 0.939% of the total share capital. Post-acquisition, their holding increased to 22,91,220 shares, representing 0.950% of the total share capital. Holding Status: Number of Shares Percentage (%) Before Acquisition: 22,64,674 0.939% Shares Acquired: 26,546 0.011% After Acquisition: 22,91,220 0.950% Promoter Group Structure The promoter group includes 34 entities comprising individuals, Hindu Undivided Families (HUFs), and corporate entities. Key promoters include Chandra Prakash Agrawal holding 36.919%, Madhu Agrawal with 8.444%, Santosh Kumar Agrawal with 7.005%, and Dinesh R Agarwal holding 5.807% of the total share capital. Combined Promoter Holdings The total combined holding of the acquirer along with persons acting in concert increased from 16,85,83,261 shares (69.870%) to 16,86,09,807 shares (69.881%) following this transaction. The company's total equity share capital remains unchanged at 24,12,80,945 equity shares of Rs. 10/- each. Regulatory Compliance Gallantt Ispat Limited's shares are listed on BSE Limited (Scrip Code: 532726) and National Stock Exchange of India Limited (Symbol: GALLANTT). The disclosure was signed by Smriti Agrawal, Director of Gallantt Industry Private Limited (DIN: 10040203), ensuring compliance with regulatory requirements for substantial acquisition disclosures. Gallantt Ispat Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing a decline in key financial metrics compared to the corresponding period last year. The Board of Directors approved the standalone and consolidated unaudited financial results in their meeting held on February 04, 2026. Financial Performance Overview The company's Q3FY26 results demonstrate year-on-year contractions across major performance indicators, though management noted that topline was impacted by softer realizations, offsetting marginal growth in Rebar sales. Metric: Q3FY26 Q3FY25 Change (%) Revenue from Operations: ₹1,073.58 crores ₹1,118.32 crores -4.0% Net Profit: ₹100.41 crores ₹113.67 crores -11.7% Total Income: ₹1,088.61 crores ₹1,119.09 crores -2.7% Earnings Per Share (Basic): ₹4.16 ₹4.71 -11.7% Operational Performance Update The company's operational metrics showed mixed results across its two manufacturing facilities. TMT Bars production increased marginally by 2.0% to 196 KT in Q3FY26 compared to 192 KT in Q3FY25, while pellet production surged 35.6% to 238 KT. Product: Q3FY26 Production Q3FY25 Production Change (%) TMT Bars: 196 KT 192 KT +2.0% Pellet: 238 KT 175 KT +35.6% DRI - Sponge Iron: 222 KT 187 KT +19.0% Power Generation: 208 million units 212 million units -1.4% Nine Months Performance For the nine months ended December 31, 2025, the company showed improved performance with revenue from operations of ₹3,214.11 crores compared to ₹3,220.58 crores in the corresponding period of FY25. Net profit for nine months increased significantly to ₹361.44 crores from ₹284.44 crores year-on-year, representing a 27.1% growth. Parameter: Nine Months FY26 Nine Months FY25 Change (%) Revenue from Operations: ₹3,214.11 crores ₹3,220.58 crores -0.2% Net Profit: ₹361.44 crores ₹284.44 crores +27.1% Earnings Per Share (Basic): ₹14.98 ₹11.79 +27.1% Market Position and Outlook Gallantt Ispat maintains its position as the largest producer of Rebars in Uttar Pradesh with a 25% market share in its addressable geographies. The company operates through an extensive network of 3,000+ active dealers and 34 distributors, with 80% of sales conducted via the dealer-distributor network. Management expects Q4 FY26 to benefit from stronger volume growth and strengthening of steel prices, with the monsoon season now over. The company's integrated operations across Gorakhpur and Kutch facilities provide strategic advantages in India's growing steel market, where demand is projected to grow approximately 9% in CY2026. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. 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