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, acquired 7,200 equity shares through an open market purchase on February 27, 2026. The acquirer's individual holding rose marginally from 23,80,169 shares (0.986%) to 23,87,369 shares (0.989%). Combined promoter group (acquirer + 34 PACs) holding increased from 16,86,98,756 shares (69.918%) to 16,87,05,956 shares (69.921%) of the total equity capital of 24,12,80,945 shares. The disclosure is filed under SEBI SAST Regulation 29(2) and PIT Regulation 7(2). The acquisition is extremely small in size and does not materially change the promoter group's overall stake.
This is a token purchase by the promoter group, signalling continued confidence in the company, but the change in stake is negligible (0.003%). The promoter group remains firmly in control at nearly 70%, so there is no meaningful impact on shareholding pattern or stock price.