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 6,600 equity shares through an open market purchase on 9 March 2026. The shares represent just 0.003% of the company's total equity capital. After the purchase, the acquirer's individual holding rose marginally from 1.012% (24,42,983 shares) to 1.015% (24,49,583 shares). The combined promoter and Persons Acting in Concert (PAC) group holding stood at 69.947% post-acquisition, up from 69.944% earlier. Total equity capital of the company remained unchanged at 24,12,80,945 shares of Rs. 10 each.
This is a token open market purchase by a promoter group entity, with no material change in ownership pattern. The promoter group continues to hold around 69.95% of the company, so this disclosure is largely procedural and is unlikely to have any meaningful impact on the stock price or free float.