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, acquired 13,305 equity shares of Gallantt Ispat Ltd through an open market purchase on February 16, 2026. This raised the acquirer's individual holding from 0.950% to 0.955% of the company's share capital. Including all Persons Acting in Concert (PACs), the promoter group's combined holding went from 69.881% to 69.887%, a marginal increase of about 0.006%. The acquisition was disclosed under SEBI's insider trading and takeover regulations. Total equity capital of the company stands at approximately 24.13 crore shares of Rs. 10 each.
This is a very small, routine promoter purchase and is unlikely to have any meaningful effect on the stock price. It signals continued promoter confidence in the company but the size is too small to indicate a strategic stake-building move.