GALLANTTNSEGallantt Ispat Limited· Steel And Steel ProductsLowNeutral
Announced Mon, 19 May · 23:42 IST

Chandra Prakash Agrawal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Chandra Prakash Agrawal, promoter of Gallantt Ispat, has submitted the annual disclosure under Regulation 31(4) of SEBI's Takeover Regulations for the financial year ended March 31, 2025. The promoter and promoter group together hold 16,63,18,412 equity shares, representing 68.931% of the company's total share capital. The disclosure confirms that no new encumbrances (pledges) were created on shares during FY25, and the detailed annexure shows that all promoter group holdings currently have zero pledged shares. The largest individual promoter is Chandra Prakash Agrawal himself at 21.198%, followed by Mayank Agrawal at 6.769% and Madhu Agrawal at 6.503%.

Likely market impact

This is a routine annual compliance filing and carries no material impact on the stock. Promoter holding remains stable at nearly 69% with no pledged shares, signalling strong promoter confidence and no financial stress on the promoter group.