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.
GALLANTT · price
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Gallantt Ispat's promoters and promoter group have disclosed their shareholding as of March 31, 2026, totaling 16,89,70,562 shares representing 70.031% of the company. The largest holder is Gallantt Trust with 14,48,90,556 shares (60.051%), followed by Dinesh R Agarwal with 5.807%. Importantly, the disclosure confirms that NO shares are pledged or encumbered by any promoter or promoter group member, and no new encumbrances were created during FY2026.
Promoters holding steady at 70% with zero pledged shares is a positive signal for shareholders, indicating no risk of promoter stake being invoked or sold due to loan defaults. This suggests financial stability within the promoter group.