Gallantt Ispat Limited
Prem Prakash Agrawal, promoter group, sold 1,29,10,134 shares of Gallantt Ispat Limited for ₹708.25 Cr at ₹548.60 apiece in an inter-se promoter transfer. This transaction was part of a larger internal restructuring where multiple promoters transferred shares to Gallantt Trust, which now holds a 60.05% stake, under a SEBI exemption.
A vertically integrated iron and steel manufacturer based in Eastern Uttar Pradesh, Gallantt Ispat produces steel products for industrial and commercial applications across India. The company operates across multiple business segments including steel manufacturing, agriculture, power generation, and real estate development. Established in 2005, it has developed capabilities in steel production and processing for diverse customer sectors.