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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The BSE has received a disclosure filing under Regulation 29(2) of the SEBI Substantial Acquisition of Shares & Takeovers Regulations, 2011, submitted by Gallantt Industry Pvt Ltd along with its Persons Acting in Concert (PACs). This regulation typically covers disclosures related to changes in shareholding, including inter se transfers among PACs or creeping acquisitions (additional purchases of up to 5% per financial year). The full document content could not be retrieved from the BSE page (the link appears to have been moved or is unavailable), so specific transaction details such as the number of shares, price, buy/sell direction, or the resulting shareholding percentage could not be verified. Investors are advised to check the BSE corporate announcements section directly for the detailed disclosure.
No immediate impact can be assessed because the actual transaction details are unavailable. Once the full disclosure is reviewed, shareholders should check whether the promoter group's overall holding has changed materially, as Reg 29(2) filings can indicate promoter reorganisation, share pledges, or incremental acquisitions that may affect control and stock price sentiment.