
Deals2 April 2026 at 04:30 am
Chandra Prakash Agrawal Transfers Shares Worth INR 89.49 Crores to Gallantt Trust
AI Summary
Chandra Prakash Agrawal, along with PACs, has transferred 8,94,96,719 equity shares of Gallantt Ispat Limited to Gallantt Trust through an off-market transaction. The transaction is in accordance with the SEBI Order dated March 20, 2026, granting exemption from complying with Regulation 3(1) and 4 of SEBI (SAST) Regulations, 2011. The total equity share capital of Gallantt Ispat Limited remains unchanged at 24,12,80,945 Equity Shares of INR 10 each, both before and after the transaction.
Key Highlights
- Transfer of 8,94,96,719 equity shares by Chandra Prakash Agrawal and PACs to Gallantt Trust
- Transaction valued at INR 89.49 crores
- Off-market transaction in accordance with SEBI Order dated March 20, 2026
- Gallantt Ispat Limited's equity share capital remains unchanged at 24,12,80,945 Equity Shares of INR 10 each
- SEBI (SAST) Regulations, 2011, and SEBI (PIT) Regulations, 2015 disclosures submitted
GALLANTTIron & Steel Products
Gallantt Ispat LtdPrice Impact