Gallantt Trust, a promoter group entity, bought 14,48,90,556 shares of Gallantt Ispat Limited for ₹7948.70 Cr at ₹548.60 apiece, increasing its stake to 60.05%. This was an inter-se promoter transfer for family reorganization.
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.
