Gallantt Ispat's promoters complete significant inter-se share transfers

Gallantt Ispat Limited has disclosed off-market inter-se transfers of equity shares among its promoter and promoter group, totaling 29,583,438 shares, representing 12.261% of the total share capital. These transactions, which fall under the exemption of Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, aim to streamline family assets, with the overall shareholding of the promoter and promoter group remaining unchanged.

On December 22, 2025, Mayank Agrawal transferred 16,331,915 shares (6.769%) and Ashutosh Agrawal transferred 8,604,248 shares (3.566%) to Chandra Prakash Agrawal and Santosh Kumar Agrawal, respectively. The following day, December 23, 2025, Pallavi Agrawal transferred 2,297,500 shares (0.952%) and Smriti Agrawal transferred 2,349,775 shares (0.974%), both to Chandra Prakash Agrawal and Santosh Kumar Agrawal.

Following these transfers, Chandra Prakash Agrawal's shareholding increased from 70,448,608 shares (29.198%) to 89,078,023 shares (36.919%), and Santosh Kumar Agrawal's holding grew from 297,535 shares (0.123%) to 11,251,558 shares (4.663%). The selling parties now hold zero or significantly reduced shares from these specific transactions.