GALLANTTBSEGallantt Ispat LtdMediumNeutral
Announced Wed, 24 Dec · 12:03 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashutosh Agrawal & PACs

Ownership Changes View source PDF

GALLANTT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Group shareholder Ashutosh Agrawal transferred 86,04,248 equity shares (3.566% of share capital) to Santosh Kumar Agrawal (immediate relative) as a gift via off-market transaction on 22 December 2025. Separately, Mayank Agrawal transferred 1,63,31,915 shares (6.769%) to Chandra Prakash Agrawal as another gift. The company's total equity base remains 24,12,80,945 shares. Combined promoter group shareholding is unchanged at 16,84,92,676 shares (69.833%) before and after the transaction. The disclosure confirms this is a private family arrangement to streamline Agrawal family assets, with no change in free float or aggregate promoter control.

Likely market impact

No impact on promoter shareholding or stock price expected — this is a pure internal reorganization among promoter family members with no change in total promoter stake or voting control.