Gallantt Promoter Santosh Agrawal Acquires 80 Lakh Shares

Transferor/Seller: Mr. Dinesh R. Agarwal (Promoter Group)
Transferee/Acquirer: Mr. Santosh Kumar Agrawal (Promoter Group)
Number of Shares: 80,00,000 equity shares of ₹10 each fully paid-up
Percentage of Share Capital: 3.316% of total share capital
Proposed Transaction Date: On or after Wednesday, November 11, 2026
Transaction Type: Off-market/on-market inter-se transfer between promoter and promoter group
Exemption Claimed: Regulation 10(1)(a)(ii) of SEBI SAST Regulations, 2011
Price: Below ₹598.45 per share (volume weighted average market price for 60 trading days preceding the notice on NSE)

The proposed transfer/acquisition is an inter-se arrangement between two promoter and promoter group shareholders to streamline the shareholding.

Overall promoter group holding: Remains unchanged at 71.464% of total share capital (241,328,877 shares) before and after the transaction
Santosh Kumar Agrawal holding: Increases from 0 shares (0.000%) to 80,00,000 shares (3.316%)
Dinesh R. Agarwal holding: Decreases from 86,22,488 shares (3.574%) to 6,22,488 shares (0.258%)

Equity shares of the company are frequently traded as per Regulation 2(1)(j) of SEBI SAST Regulations
Maximum trading volume during the 60 trading days preceding the notice was recorded on NSE
The acquirer has declared that the acquisition price will not be higher by more than 25% of the computed VWAP
Both transferor and transferee have confirmed compliance with applicable disclosure requirements under Chapter V of SEBI SAST Regulations during the previous 3 years

Company disclosure signed by Nitesh Kumar, CS & Compliance Officer (M. No. F7496)
Acquirer disclosure signed by Santosh Kumar Agrawal, Promoter and Promoter Group Shareholder
Necessary disclosures under Regulation 10(5) of SEBI SAST Regulations enclosed