The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chandra Prakash Agrawal & Others
GALLANTT · price
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Awaiting price reaction for this filing.
Chandra Prakash Agrawal (Director and Promoter) acquired 22,97,500 shares (0.952%) of Gallantt Ispat from Pallavi Agrawal on 23 December 2025 through an off-market inter-se transfer. Separately, Santosh Kumar Agrawal acquired 23,49,775 shares (0.974%) from Smriti Agrawal in the same family arrangement. The filing under SEBI Reg 29(2) (SAST) and Reg 7(2) (PIT) was made to disclose these internal promoter group transfers. As a result, Chandra Prakash Agrawal's individual holding rose from 35.967% to 36.919%, while the total promoter and PAC group holding remained unchanged at 69.833%.
No material impact on shareholders or stock price — this is purely an internal reshuffle within the promoter family to streamline holdings, with no change in the overall promoter group stake or voting control.