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, bought 10,185 equity shares through open market on March 6, 2026. This raised its individual holding from 1.008% (24,32,798 shares) to 1.012% (24,42,983 shares). The total promoter and PAC group holding in the company moved marginally from 69.940% to 69.944%. The disclosure was filed under SEBI SAST Regulation 29(2) and Insider Trading Regulation 7(2). The acquisition is very small in size and does not materially change the promoter group's overall stake.
This is a routine, tiny open-market purchase by the promoter group and is unlikely to have any meaningful impact on the stock price. It signals continued promoter confidence but involves negligible change in ownership.