NSESpurt in Volume12 Oct 2026 · 12 Oct 2026, 06:42 pm

Spurt in Volume

Gallantt Ispat Limited · GALLANTT

✦ AI SummaryRegulatory

Gallantt Ispat Limited has responded to a query from the National Stock Exchange regarding a significant increase in volume of its securities, stating that the price/volume movement is market-driven and not connected to the company's management.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Significant increase in volume has been observed in Gallantt Ispat Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Gallantt Ispat Limited has submitted their response.

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GALLANTT_12102026184101_Gallantt_12102026.pdf

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Grr.UrrfV-lT GILIGKP/2026-27 October 72,2026 National Stock Exchange of lndia Limited ,,EXCHANGE PLAZA", Bandra - Kurla Complex, Bandra (East), Mumbai- 400 051. INDIA Symbol: GALLANTT Sir/Madam, SUB: CLARIFICATION SOUGHT ON SIGNIFICANT INCREASE lN VOLUME OF SECURITY This is in response to the e-mail received from National Stock Exchange of lndia Limited dated October 12, 2026 bearing reference number Ref. No.: NsE/CM/SurveillancelfT692 requiring us to provide clarification regarding significant increase in volume of securities of the Company. ln this regard, we wish to inform you that the Company has made all the necessary disclosures pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all applicable provisions and has not withheld any material information/event that has already materialized which would have bearing on the price/volume behaviour of the scrip. The Company shall continue to make applicable disclosures, within the stipulated time. We would like to also reiterate that Gallantt lspat Limited has regularly complied with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable provisions and will continue to do so in future. We are therefore of the opinion that, the price/volume movement in securities of the Company referred above is purely market driven and may be combination of various factors including market conditions. The management of the Company is in no way connected with the movement in the price/volume of the shares. Thanking you, Yours faithfu lly, GALLANTT ISPAT LIMITED Nitesh Kumar (cs & coMPLIANCE oFFlcER) M. No. F7496 GALLANTT ISPAT LIMITED CIN: I2Z0!lUP2fi)5PLC195660 Registere.l Office & Gorakhpur Unih Gorakhpur Industrial Development Authority (GIDA), Sahianwa, Gorakhpu '273209, Uttar Pradesh Tele-fax 0551 3515500, E-mail: csgml@gallantt.com, Website www.gallantt'com Guiarat Unih survcy No. 1754, Near TolI Gate, Samakhyali, Bhachau, Distt. Kutch - 37015Q Guiarat