Announced Thu, 2 Apr · 09:54 IST
Promoters transfer 60.05% shares to family trust Gallantt Trust
Ownership Changes View source PDF
GALLANTT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹560.10
prior close
₹550.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1-0.3-0.7+0.8+11.3+19.0+20.3+18.9+45.4+56.0+55.7+20.3+21.8
Up moveDown movePending
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.