Promoters transfer 60% stake to family trust via off-market deal

Promoter Stake BuyPromoter Stake Sell 1pctOwnership Changes View source PDF

GALLANTT · price

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▲ 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

₹546.25

base price

In-mkt

timing

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+0.2+0.3+0.6+0.2+0.8+11.3+19.0+20.3+18.9+45.4+56.0+55.7+20.3+21.8

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AI summary

Promoter group transferred 14.49 crore shares (60.05%) of Gallantt Ispat to Gallantt Trust via off-market deal on March 31, 2026. SEBI exempted the trust from open offer requirements. The family trust received shares from individual promoters including Madhu Agrawal (2.01 cr) and Chandra Prakash Agrawal (8.95 cr). Total promoter holding unchanged at 69.91%; public holding at 30.09%. No change in control.

Likely market impact

Internal family restructuring for succession; no change in control or public shareholding, expected neutral stock impact.