The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chandra Prakash Agrawal & PACs
GALLANTT · price
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Promoter Chandra Prakash Agrawal received 1,63,31,915 equity shares (6.769% of paid-up capital) of Gallantt Ispat as a gift from Mayank Agrawal, an immediate relative and promoter group member, via an off-market transaction on 22 December 2025. As a result, Chandra Prakash Agrawal's personal holding rose from 7,04,48,608 shares (29.198%) to 8,67,80,523 shares (35.967%). Mayank Agrawal's holding fell to zero. The combined promoter and PAC holding remains unchanged at roughly 16,44,92,676 shares (~68% of the company), as this is purely an internal family reshuffle to streamline the Agrawal family's assets. No new external shareholders or pledge/encumbrance changes were reported.
No change in total promoter group control, so there is no impact on minority shareholders or free-float. Ownership within the family is now more concentrated in Chandra Prakash Agrawal, which does not affect the stock price or corporate control dynamics.