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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Awaiting price reaction for this filing.
Gallantt Industry Private Limited, part of the promoter group of Gallantt Ispat Ltd, acquired 7,000 equity shares through an open market purchase on 24 February 2026. This raised Gallantt Industry's individual holding from 23,57,642 shares (0.977%) to 23,64,642 shares (0.980%). The combined promoter and PAC group holding increased marginally from 69.908% to 69.911% of the company's equity capital. The disclosure was filed under SEBI's SAST and Insider Trading regulations to report this transaction.
This is a very small, routine purchase by one promoter-group entity and is unlikely to materially affect the stock price or change promoter control. It signals continued promoter confidence but the negligible size (0.003% increase) makes it informational rather than market-moving for retail investors.