Gallantt Ispat Promoter Group Buys 9.67 Lakh Shares, Stake Now 69.33%
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Moneycontrol12-12-2025, 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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