Gallantt Ispat sees promoter group share transfer to streamline assets

Pallavi Agrawal, a promoter group shareholder of Gallantt Ispat Limited, has transferred 2,297,500 equity shares to Chandra Prakash Agrawal, an immediate relative and promoter shareholder. This inter-se transfer, completed on December 23, 2025, aligns with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and is intended to streamline family assets within the Agrawal family.

Following the transaction, Pallavi Agrawal's stake decreased by 0.952%, from 1.035% (2,497,500 shares) to 0.083% (200,000 shares) of the total voting capital. Conversely, Chandra Prakash Agrawal's holding increased by 0.952%, from 35.967% (86,780,523 shares) to 36.919% (89,078,023 shares).

The total voting capital of Gallantt Ispat Limited remains unchanged at 24,12,80,945 equity shares of Rs. 10/- each before and after the acquisition/disposal. The disclosure was made to both BSE Limited and the National Stock Exchange of India Limited.