The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Priya Saraff & PACs
GALLANTT · price
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Priya Saraff, a promoter group shareholder of Gallantt Ispat Ltd, acquired 1,00,000 equity shares (0.041% of paid-up capital) on December 30, 2025, from Priyanka Gupta, who is an immediate relative and promoter group member, by way of an off-market gift transaction. Priya Saraff's individual holding in the company doubled from 1,00,000 shares (0.041%) to 2,00,000 shares (0.083%). The total combined promoter and persons acting in concert (PAC) holding remains unchanged at 16,84,92,676 shares, representing 69.833% of the company's equity share capital of 24,12,80,945 shares. This is purely an internal reshuffling of shares within the promoter family and does not alter the aggregate promoter shareholding in the company.
No material impact on shareholders or stock price, as this is an internal gift transfer between two promoter group family members. The overall promoter/promoter group holding stays at 69.833%, so the company's ownership structure and control remain unaffected.