The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gallantt Industry Pvt Ltd & PACs
GALLANTT · price
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Gallantt Industry Private Limited, part of the promoter group of Gallantt Ispat Ltd, acquired 38,109 equity shares (0.016% of total share capital) through open market purchase on 10 February 2026. The acquirer's individual holding rose from 0.914% (22,04,801 shares) to 0.930% (22,42,910 shares) post-transaction. Combined promoter group (acquirer plus all 34 persons acting in concert) holding stands at 69.861% (16,85,61,497 shares) after the transaction, up marginally from 69.845% earlier. The disclosure was filed under SEBI SAST Regulation 29(2) and Insider Trading Regulation 7(2) on 12 February 2026.
This is a small, confidence-signalling open market purchase by the promoter group, indicating promoter faith in the company. However, the increase in stake is minimal (0.016%) and is unlikely to have a material impact on the stock price. Promoters continue to hold a dominant ~69.86% stake in the company.