Gallantt Industry Private Limited Acquires 28,275 Equity Shares in Gallantt Ispat Limited

Gallantt Ispat Limited has received a regulatory disclosure from Gallantt Industry Private Limited regarding the acquisition of 28,275 equity shares through open market purchases. The transaction, completed on March 4-5, 2026, represents a strategic move by the promoter group entity to increase its stake in the steel company. Transaction Details The acquisition involved the purchase of 28,275 equity shares through open market transactions, representing 0.012% of the total share capital. The shares were acquired on two consecutive trading days in March 2026. Transaction Parameter: Details Acquiring Entity: Gallantt Industry Private Limited Shares Acquired: 28,275 equity shares Acquisition Method: Open market purchase Transaction Dates: March 4-5, 2026 Percentage Acquired: 0.012% Shareholding Pattern Changes The acquisition has resulted in a marginal increase in the promoter group's collective holding. Before the transaction, Gallantt Industry Private Limited along with its persons acting in concert held 16,87,23,110 shares, representing 69.928% of the total equity capital. Shareholding Status: Before Transaction After Transaction Change Gallantt Industry Pvt Ltd: 24,04,523 shares (0.996%) 24,32,798 shares (1.008%) +28,275 shares Total Promoter Group: 16,87,23,110 shares (69.928%) 16,87,51,385 shares (69.940%) +0.012% Company Structure and Compliance Gallantt Industry Private Limited operates as part of the promoter group alongside 33 other persons acting in concert, including individual promoters and related entities. The company maintains its registered office at Sector 23, GIDA, Sahjanwa, Gorakhpur, Uttar Pradesh. The disclosure was filed 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 filing was signed by Smriti Agrawal, Director of Gallantt Industry Private Limited, with DIN: 10040203. Market Presence Gallantt Ispat Limited maintains its equity shares listed on both BSE Limited (Scrip Code: 532726) and National Stock Exchange of India Limited (Symbol: GALLANTT). The company's total equity share capital remains unchanged at 24,12,80,945 equity shares of Rs. 10 each following this transaction. The promoter group structure includes various individual promoters from the Agrawal family and related entities, with Chandra Prakash Agrawal holding the largest individual stake at 36.919% of the total share capital. The acquisition reinforces the promoter group's commitment to maintaining significant control over the company's operations and strategic direction. Gallantt Ispat Limited has received a regulatory disclosure regarding the acquisition of 17,154 equity shares by Gallantt Industry Private Limited, a promoter group entity. This latest transaction represents the largest single acquisition in recent regulatory filings, demonstrating continued promoter confidence in the company's prospects through systematic open market investments. Latest Transaction Details The acquisition of 17,154 shares was completed on 02.03.2026, representing a significant increase compared to previous transactions. The regulatory disclosure was filed on 03.03.2026 with both stock exchanges. The following table summarizes the key transaction parameters: Parameter: Details Acquiring Entity: Gallantt Industry Private Limited Number of Shares Acquired: 17,154 Mode of Acquisition: Open market Date of Acquisition: 02.03.2026 Target Company: Gallantt Ispat Limited Filing Date: 03.03.2026 Updated Shareholding Impact Following this latest acquisition, Gallantt Industry Private Limited's individual holding has increased from 23,87,369 shares to 24,04,523 shares, raising its percentage from 0.989% to 0.996%. The combined promoter group holding shows the following movement: Holding Period: Number of Shares Percentage of Total Capital Before Latest Acquisition: 16,87,05,956 69.921% Shares Acquired: 17,154 0.007% After Latest Acquisition: 16,87,23,110 69.928% Promoter Group Structure The promoter group comprises 34 entities and individuals acting in concert, with Chandra Prakash Agrawal being the largest individual shareholder holding 8,90,78,023 shares (36.919% of total capital). Other significant promoter holdings include Madhu Agrawal with 2,03,74,917 shares (8.444%) and Santosh Kumar Agrawal with 1,69,02,501 shares (7.005%). Regulatory Compliance The disclosure has been made in compliance with 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 filing was submitted to both BSE Limited and National Stock Exchange of India Limited on 03.03.2026. Gallantt Ispat Limited maintains a total equity share capital of 24,12,80,945 equity shares of Rs. 10 each. The acquiring entity, Gallantt Industry Private Limited, operates with CIN U26990UP2020PTC137202 and is based in Gorakhpur, Uttar Pradesh. The disclosure was signed by Smriti Agrawal, Director of Gallantt Industry Private Limited, with DIN 10040203. 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. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.