Announced Thu, 25 Jun · 20:52 IST
EGM Results: All 9 Resolutions Passed Including Director Appointments and Pay Hikes
Board & Shareholder Meetings View source PDF
GALLANTT · price
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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹710.40
prior close
₹700.00
base price
After-mkt
timing
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AI summary
Gallantt Ispat held an Extraordinary General Meeting on June 25, 2026, via video conferencing. All 9 resolutions were passed with over 99.7% approval. Resolutions included appointing Dindayal Jalan as Director and Whole-time Director, three new Independent Directors (Atul Kumar Gupta, Sanjay Kumar Jain, Kishore Pariyar), and increasing remuneration for Chairman and MD Chandra Prakash Agrawal, two Whole-time Directors, and the CEO. 47 members attended.
Likely market impact
Board expanded with new directors; pay hikes approved for Chairman, MD, Whole-time Directors and CEO, all with strong shareholder support.