The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prem Prakash Agrawal & PACs
GALLANTT · price
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On December 29, 2025, promoter Prem Prakash Agrawal acquired 55,75,467 equity shares (2.311% of paid-up capital) of Gallantt Ispat Ltd from Prem Prakash Agrawal HUF via an off-market inter-se transfer within the promoter family. Prem Prakash Agrawal's individual holding rose from 73,34,667 shares (3.040%) to 1,29,10,134 shares (5.351%). The HUF's holding dropped to zero. The company clarified that this is only a private family arrangement to streamline Agrawal family assets and does not change the combined promoter and promoter group shareholding, which remains at 16,84,92,676 shares (69.833%).
No material impact on shareholders or stock price expected — this is a cosmetic reshuffle of shares within the promoter family with no change in total promoter ownership or voting control.