BSECompany Update3d ago · 4 Nov 2026, 08:55 pm
Intimation regarding inter-se transfer of shares among the Promoter and Promoter Group pursuant to Regulation 10(5) of SEBI (SAST) Regulations, 2011.
Gallantt Ispat Ltd · 532726
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Gallantt Ispat Ltd has received an intimation from Mr. Santosh Kumar Agrawal, a promoter and promoter group shareholder, regarding his intention to acquire up to 80 million equity shares of the company through an inter-se transfer between promoters.
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Gallantt Ispat Ltd - 532726 - Announcement Under Regulation 30 (LODR) - Inter-Se Transfer Of Shares Among Promoter And Promoter Group
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Gnuz^ltrt-IT
GtL/GKP/2026-27
November 04, 2026
BSE Limited National Stock Exchange of lndia Limited
,,EXCHANGE
Floor25, PJTowers, PLAZA",
Dalal Street, Bandra - Kurla Complex,
Mumbai- 400 001. INOIA Bandra (East), Mumbai- 4OO 051. INDIA
Scrip Code: 532725 Symbol: GALLANTT
Sir/Madam,
SUB: INTIMATION UNDER REGULATION 30 OF SEBI (usTrNG oBL|GAT|ONS AND DTSCTOSURE
REqUIREMENTS} REGULATIONS, 2015
Refelence: Dj$clgsure of inter-se transfer of shares among the Promoter and Promoter Group
oursuant to Reeulation 10 5l of SEBI SAST Resulations
Pursuant to the Regulation 30 read with Schedule lll of the Securities and Exchange Board of
lndia ("SEB|") (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like
to inform you that the Company has received information from Mr. Santosh Kumar Agrawal,
person forming part of Promoter and Promoter Group, regarding his intention to acquire equity
shares of the Company by way of off-market/on-ma rket inter-se transfer between Promoter and
Promoter Group under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011 ("SEBl SAST Regulations"):
Date ot Name of the Name of the No. of shares Percentage of
Proposed Transferor/Seller Transferee/Acquirer proposed to be Holding of
(Belongs (Belongs
Tra nsaction to to transferred proposed share
(on or after) Promoter Promoter upto (%t
group) group) (Acquirers)
On or
after Dinesh R. Agarwal Santosh Kumar 80 00 000 3.316
Wednesday, Agrawal
November t],
2026
Total 8o,oo,0o0 3.315
This being an inter-se transfer of shares between Promoter and Promoter Group, the proposed
transaction falls within the exemption under Regulation 10(1)(a)(ii) of SEBI SAST Regulations.
GALLANTT ISPAT LIMITED
CIN: L2ZG|UP2005PLC1956@
Registered Office & GorakhpuI Unit Gorakhpur Industrial DeveloPment Authority (GIDA).
Sahianwa. Gorakhpttt - U3209, Uttar Pradesh
Tele-far 0551 3515500, E-mail: csgrnl@gallanft.com, Website: www.gallantt.com
Guiarat Unih Survey No. 17$/I, Near Toll Gate, Samakhyali, Bhachau, Distt. Kutch - 370150, Guiarat
Gxu f
The overall and aggregate shareholding of Promoter and Promoter Group before and after the
aforementioned inter-se transfer remains the same.
We have enclosed herewith necessary disclosures under Regulation 1O(5) of SEBI SAST
Regulations as received from the acquirer(s) for your kind information and records.
Kindly take the same on record and acknowledge the receipt of the same.
Tha n king you,
You rs faithfu lly,
GALLANTT ISPAT LIMITED
Nitesh Kumar
(cs & coMPUANCE OFFTCER)
M. No. F7496
Encl: As above
GALLANTT ISPAT LIMITED
CIN: L2n O9UP2m5PLC19ffi
Registered Office & Gorakhpur Unih Gorakhpur Industrial Development Authority (GIDA),
Sahjanwa, Gorakhpur - 273209, Uttar Pradesh
Tele-fax 0551 3515500, E-maiL csgml@gallantt.com, Website: www.gallantt.com
Guiarat unit: Survey No. 175[, Near Toll Gate, samakhyali, Bhachau, Distt. Kutch - 37015O Guiarat
From:
SANTOSH KUMARAGRAWAL
GALTANTT HOUSE,
VIKAS NAGAR, BARGADWA
GORAKHPUR - 273007
UTTAR PRADESH
*******************************+*********+**:i*+****++*******:I:i:****:l:********i.**i.*********
BSE Limited National Stock Exchange of India Limited
Floor2S,PfTowers, "EXCHANGE PLAZA",
Dalal Street, Bandra - Kurla Complex,
Mumbai- 400 001. INDIA Bandra (East),
Scrip Code: 532726 Mumbai- 400 051. INDIA
Symbol: GALLANTT
Sir/Madam,
Sub: Intimation under Regulation 10(51 of SEBI (Substantial Acquisition of Shares and
Takeoversl Regulations.2011 for orouosed acouisition ofUPTO 80.00.000 Eouity Shares of
Rs. 10/- each fully paid-uo of Gallantt Ispat Limited (Target Comoanv) from MR. DINESH R.
AGARWAL f beinp transferor)
PIease find enclosed herewith the above intimation, which is self-explanatory.
Please acknowledge the receipt and oblige.
Thanking you,
Yours faithfully,
<<rs\o.s'.\<rrrq
Name: Santosh Kumar Agrawal
Promoter and Promoter Group Shareholder,
GALTANTT ISPAT LIMITED
Encl: As above
Date:04.11.2026
Place: Gorakhpur
CC: Board of Directors, GALLANTT ISPAT LIMITED, GIDA, Sahjanwa, Gorakhpur - 273209, Utrar
Pradesh
Disclosures under Regulation 10(5) - lntimation to Stock Exchanges in respect of acquisition under
Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
1 Name of the Target Company (TC) Gallantt lspat Limited ("Target Company")
7 Name of the acquirer(s) 1. Mr. Santosh Kumar Agrawal
-) Whether the acquirer(s) is promoter Yes, Acquirer forms part of the Promoter and Promoters'
of the TC prior to the transaction. lf Group of the Target Company.
not, nature of relationship or
association with the TC or its
promoters
4. Details of the proposed acquisition
a Name of the person(s) from L. Dinesh Kumar Agarwal
whom shares are to be
acq uired
b Proposed date of acq uisition Any time after 4 working days from the due date of this
intimation i.e. on or after Wednesday, November 71,2026
of to
c. Number shares be Name of Transferor No. of Shares
acquired from each person 1. Mr. Dinesh Kumar Agarwal 80,00,000
mentioned in 4(a) above
d. Total shares to be acquired as 3.376%
% of share capital of TC
e Price at which shares are Below Rs. 598.451-
proposed to be acqu ired
f. I Rationale, if any, for the The proposed tra nsfer/acq uisition is only a lnter-se transfer
I nronosed transfer arrangement between two Promoter and Promoters Group
Shareholders to streamline the shareholding.
5 Relevant sub-clause regu lation Name of Transferors Sub-clause
10(1)(a) under which the acquirer is u/n ro(r)(a)
exempted from making open offer 1. Mr. Dinesh Kumar Agarwal 10(1)(aXii)
6 lf, frequently traded, volume The equity shares of the Target Company are frequently
weighted average market price for a traded in terms of Regulation z(f)fi) of the SEBI SAST
period of 60 trading days preceding Regu lations.
the date of issuance of this notice as
The equity shares of the Target Company are presently listed
traded on the stock exchange where
on BSE Limited and the National Stock Exchange of lndia
the maximum volume of trading in
Limited ("NSE"), and the maximum volume of trading during
the shares of the TC are recorded
the 60 trading days preceding the date of issuance of this
during such period.
notice has been recorded on the NSE.
The volume weighted average market price for a period of 60
trading days preceding the date of issuance of this notice, as
traded on NSE is lNR. 598.45/- (lndian Rupees Five Hundred
Ninety-Eight and Paise Forty-Five only).
l lf in-frequently traded, the price as Not Applicable
determined in terms of clause (e) of
sub-regulation (2) of regulation 8.
8 Declaration by the acquirer, that the It is hereby confirmed that the acquisition price would not be
acquisition price would not be higher by more than 25% of the price computed in point 6 or
higher by more than 25% of the point 7 as applicable Yes
price computed in point 6 or point 7
as applicab le.
9. i. Declaration by the acquirer, that With respect to proposed inter-se transfer of shares in terms
the transferor and transferee have of Regulation f0(fXaXii) of SEBI SAST Regulations and
complied (during 3 years prior to the subsequent amendments thereto, it is hereby declared and
date of proposed acquisition) / will confirmed that the transferors and transferees have
comply with applica ble disclosure complied (during 3 years prior to the date of proposed
requirements in Chapter V of the acquisition) / will comply with applicable disclosure
Takeover Regulations,
zOtL requirements in Chapter V of the SEBI SAST Regulations.
(corresponding provisions of the
repealed Takeover Regu lations,
ii. The aforesaid disclosures made Copies of the disclosure made during the previous 3 years
I during previous 3 years prior to the prior to the date of the proposed acquisition to be furnished.
date of proposed acquisition to be
fu rn is h ed.
10. Declaration by the acquirer that all It is hereby declared and confirmed that all the applicable
the con ditions specified under conditions specified u
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