Promoters transfer 60.05% shares to family trust Gallantt Trust

Ownership Changes View source PDF Explain this filing

GALLANTT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.7%Reaction day

₹560.10

prior close

₹550.60

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%-0.6% vs market

Iron & Steel Products peers, median of 96sector+1.4%-2.2% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 2.2 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

+0.1

10m

+0.1

15m

-0.3

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.2-0.6+1.4-2.2

Next day

+0.8+0.9-0.1+1.9-1.1

+11.3+1.0+10.2+3.8+7.5

+19.0+5.0+14.0+8.5+10.4

+20.3+5.1+15.2+8.3+12.0

+18.9+6.8+12.1+10.1+8.8

+45.4+8.8+36.6+14.3+31.2

15d

+56.0+13.3+42.7+19.0+37.0

+55.7+14.6+41.1+22.1+33.6

+20.3+14.9+5.4+21.3-1.0

+21.8+21.9-0.2+20.4+1.3

UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 96Pending

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

AI summary

Six promoter group members transferred 14.49 crore shares (60.05% of equity) to Gallantt Trust, a private family trust, via off-market deal on March 30, 2026. Santosh Kumar Agrawal transferred 1.69 crore shares (7.005%). SEBI exempted the trust from making an open offer, treating it as internal family reorganization. Total promoter group holding remains unchanged at 69.907%; public shareholding stays at 30.093%.

Likely market impact

Internal family trust transfer; no change in promoter control or public shareholding. Neutral for minority shareholders.