BSEInsider Trading / SAST2d ago · 5 Nov 2026, 09:25 am
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Santosh Kumar Agrawal
Gallantt Ispat Ltd · 532726
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Gallantt Ispat Ltd has received a disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the acquisition of up to 80,00,000 equity shares of the company by Santosh Kumar Agrawal, a promoter and promoter group shareholder, from Dinesh Kumar Agarwal. The acquisition is an inter-se transfer between two promoter and promoter group shareholders to streamline shareholding.
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Gallantt Ispat Ltd - 532726 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
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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 under Regulations 10(i[a) of the SEBI
regulation 10(1)(a) with respect to SAST Regulations with respect to exemptions have been duly
exemptions has been duly complied complied with by the Transferors and Transferee (Acquirer).
with.
11. Sh a reholding details Before the After the
proposed proposed
tra nsaction transaction
No. of sh ares % w.r.t total No. of % w.r.t total
/voting rights share capital shares share capital
of TC /voting of TC
rights
a. Acquirer(s) and PACs (other
than sellers)(* ) Enclosed as Annexure - I
b Seller (s)
Note:
(*)Shareholding of each entity may be shown separately and then collectively in a group.
The above disclosure shall be signed by the acquirer mentioning date & place. ln case, there is
more than one acquirer, the report shall be signed either by all the persons or by a person duly
authorized to do so on behalf of all the acquirers.
S<rr'\o$.1q\hq1
Name: Santosh Kumar Agarwal
Promoter and Promoter Group Shareholder,
GALLANTT ISPAT LIMITED
Date:04.11.2026
Place: Gorakhpu r
ANNEXURE - {
Shareholding Details Before the After the
proposed proposed
transaction transaction
No. of % w.r.t total No. of shares or Percentate with
shares/voting share capital voting rights respect to total
riEhts of held share capital of
A. Acquirer(s) and PACs (other than sellers)
Acquirer
Santosh Kumar Agrawal 0 0.000 80,00,000 3.316
Total (1) 0 0.000 80,00,000 3.316
PACs (other than sellers)
Chand ra Prakash Agrawal 0 0.000 0 0.000
Chand ra Prakash Agrawal HUF 0 0.000 0 0.000
Madhu Agrawal 2,00,000 0.083 2,00,000 0.083
Prem Prakash Agrawal 0 0.000 0 0.000
Maa naav Dineshkumar Agarwal 72,804 0.030 72,804 0.030
Anupam Agarwal 8,896 0.004 8,896 0.004
PallaviAgrawal 2,00,000 0.083 2,00,000 0.083
Prem Prakash Agarwal HUF 0 0.000 0 0.000
Santosh Kumar Agrawal HUF 0 0.000 0 0.000
Nitin Mahavir Prasad Ka ndoi 4,51,,57r 0.r81 4,5t,57L 0.187
Shyama Agrawal 4,00,000 0.166 4,00,000 0.166
Mayan k Agrawal 0 0.000 0 0.000
Ashutosh Agrawal 0 0.000 0 0.000
Smriti Agrawa 1,,t7,OO,000 4.849 7,17,00,000 4.849
Uma ABrawal 2,00,000 0.083 2,00,000 0.083
Priya Saraff 2,00,000 0.083 2,00,000 0.083
Priyanka Gupta 2,00,000 0.083 2,00,000 0.083
Sumesh Kumar Agarwal 1,00,000 0.041 1,00,000 0.041
Om Prakash Jalan 1,,L1,,279 0.046 L,LL,279 0.046
Nidhilalan 24,500 0.010 24,500 0.010
Kusum Jalan 19,651 0.008 19,66L 0.008
o.oo7 |
Shruti Kandoi 17,05 6 17,0s6 0.007
Priyanka Das I 4,893 I 0.002 4,893 0.002
Brij Mohan Joshi 2,498 0.001 2,498 0.001
Narain Prasad Ajitsaria 2,500 0.001 2,s00 0.001
I Gallantt Fincares Private Limited 175 0.000 L75 0.000
Galla ntt lndustry Private Limited 0 0.000 0 0.000
Galla ntt Trust 14,48,90,556 60.051 74 ,48 ,90 ,556 60.051
CP Agrawal Da ughters Trust s0,00,000 2.012 50,00,000 2.072
Naresh Cha ndra Agarwal 0 0.000 0 0.000
Ashu Goel 0 0.000 0 0.000
Sharda Devi Jala n 0 0.000 0 0.000
Su bod h Kumar Jalan HUF 0 0.000 0 0.000
Karuna Jindal 0 0.000 0 0.000
Total (2) 16,38,06,389 67.890
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