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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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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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 [Showing first 8,000 characters — download PDF for full document]