The Exchange has received the disclosure under Regulation 29(1) 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 9,67,089 equity shares (0.401% of total share capital) through a block deal on the stock exchanges on 11 December 2025. This was the entity's first shareholding in the company, moving from 0 to 0.401% stake. With this purchase, the combined promoter and PAC group holding in Gallantt Ispat rose from 68.932% to 69.332% of total equity (16.63 crore to 16.73 crore shares). The total equity share capital of the company remained unchanged at 24.13 crore shares, indicating this was a purely secondary market transaction with no fresh issuance.
This is a small but confidence-signal purchase by a promoter group entity, reinforcing promoter control at nearly 69.3% of the company. Retail investors may view this as a sign of insider confidence, though the size of the acquisition is too small (0.4%) to materially affect share price or liquidity.