The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Santosh Kumar Agrawal & PACs
GALLANTT · price
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Awaiting price reaction for this filing.
Santosh Kumar Agrawal, a Promoter Group Shareholder of Gallantt Ispat Ltd, acquired 86,04,248 equity shares (3.566% of total share capital) from Ashutosh Agrawal (immediate relative) by way of an off-market gift on December 22, 2025. Separately, Chandra Prakash Agrawal received 1,63,31,915 shares (6.769%) as a gift from Mayank Agrawal. Both transfers are private arrangements within the Agrawal family to streamline family assets, with no change in the overall promoter group holding of 69.833%.
This is an internal promoter family reshuffle with no change in total promoter shareholding (69.833% before and after). No impact on stock price is expected since no shares changed hands with outside parties.