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, purchased 10,000 equity shares through an open market transaction on 19 February 2026. The acquirer's holding rose marginally from 23,42,642 shares (0.971%) to 23,52,642 shares (0.975%). Combined promoter and PAC group holding stands at 16,86,71,229 shares, representing 69.906% of the company's equity capital. The disclosure was filed under SEBI SAST Regulation 29(2) and Insider Trading Regulation 7(2).
This is a small token purchase by the promoter group entity and is unlikely to materially impact the stock price. It signals continued promoter confidence but does not represent a meaningful change in ownership structure, with promoter holding remaining well above the majority threshold.