Gallantt Ispat Promoter Group Buys 9.67 Lakh Shares, Stake Now 69.33%

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Moneycontrol•12-12-2025, 12:16
Gallantt Ispat Promoter Group Buys 9.67 Lakh Shares, Stake Now 69.33%
- •Gallantt Industry Private Limited, part of Gallantt Ispat's promoter group, acquired 9,67,089 equity shares.
- •The acquisition occurred on December 11, 2025, through a block deal platform.
- •This purchase increased the promoter group's stake in Gallantt Ispat Limited to 69.332%.
- •The acquisition complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and SEBI (Prohibition of Insider Trading) Regulations, 2015.
- •Smriti Agrawal, Director of Gallantt Industry Private Limited, is responsible for this disclosure.
Why It Matters: Gallantt Ispat promoters increased their stake, consolidating control.
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