Gallantt Ispat Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF Explain this filing

GALLANTT · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹479.00

prior close

₹480.00

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.0%-1.2% vs market

Iron & Steel Products peers, median of 88sector-0.1%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 1.2 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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30m

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Reaction day

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Next day

-0.8+0.6-1.4-0.1-0.7

-2.9+1.1-4.0+0.5-3.4

-5.2+1.2-6.4+0.4-5.7

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15d

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+29.5+8.5+21.1+5.0+24.5

+29.4+3.7+25.7+0.6+28.8

UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 88Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gallantt Ispat has informed the stock exchanges about board changes approved on May 21, 2025. Mr. Chandra Prakash Agrawal will be re-appointed as Managing Director for 5 years from September 1, 2025. Mr. Dinesh R. Agarwal (a promoter) will be re-appointed as Whole-time Director for 5 years from November 1, 2025. Mrs. Nishi Agrawal will serve a second consecutive 5-year term as Independent Director from November 4, 2025. Additionally, Mr. Anurag Fatehpuria has been appointed as Secretarial Auditor for 5 years covering FY 2025-26 to FY 2029-30. All appointments are subject to shareholder approval at the upcoming AGM. The company confirmed none of the directors are debarred by SEBI or any other authority.

Likely market impact

These are routine re-appointments of existing directors and a new secretarial auditor appointment, suggesting management continuity rather than any disruption. Shareholders should note the strong promoter family presence on the board, with the MD being the father of the CEO and brother of another whole-time director.