
Gallantt Ispat Ltd: Shyama Agrawal & PACs Transfer Shares to Gallantt Trust via Off-Market Transaction
Gallantt Ispat Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and Regulation 7(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Shyama Agrawal and PACs have transferred 2,01,74,917 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 shares of Gallantt Ispat Ltd before the transaction were 2,41,28,0945 and after the transaction, the total equity shares remain the same.
Key Highlights
- Shyama Agrawal and PACs transfer 2,01,74,917 equity shares to Gallantt Trust
- Transaction done through OFF-MARKET transaction
- In accordance with the SEBI Order dated March 20, 2026
- Exemption from complying with Regulation 3(1) and 4 of SEBI (SAST) Regulations, 2011
- Total equity shares of Gallantt Ispat Ltd remain the same before and after the transaction
Price Impact