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 14,677 equity shares through an open market purchase on 26.02.2026. This is a small acquisition that raised the acquirer's individual holding from 0.980% to 0.986%. The total promoter and promoter group holding stands at 69.918% of the company's equity capital (24,12,80,945 shares of Rs. 10 each), up marginally from 69.911%. The disclosure has been made under SEBI takeover regulations and insider trading regulations by Smriti Agrawal, Director of Gallantt Industry Private Limited.
This is a minor promoter group share purchase in the open market, signalling continued promoter confidence in the company. The negligible size of the acquisition means it is unlikely to materially impact the stock price, but it reinforces promoter commitment since the group already holds close to 70% of the company.