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, acquired 12,07,000 equity shares (0.50% of total share capital) of Gallantt Ispat Ltd through a block deal on the stock exchanges on December 16, 2025. The acquirer's own holding rose from 9,67,089 shares (0.401%) to 21,74,089 shares (0.901%) after the purchase. Combined promoter and PAC (Persons Acting in Concert) group holding increased from 69.332% to 69.832% of total equity, a rise of 0.50 percentage points. The disclosure was filed under SEBI SAST Regulation 29(2) and Insider Trading Regulation 7(2), covering the acquirer along with 34 PACs. Total equity share capital of the company remains unchanged at 24,12,80,945 shares of Rs. 10 each.
This is a positive signal as the promoter group is increasing its stake in the company, reflecting insider confidence. The modest 0.5% increase via block deal is unlikely to move the stock significantly on its own, but reinforces promoter commitment to the business.