Gallard Steel Limited Press Release Jul 16 2026

Pursuant to the Regulation 30 read with sub-clause 5 of Para Bof Part A of Schedule III of the SEBI (LODR) Regulation,2015 and our previous Corporate Announcements dated 25/06/2026.We wish to inform you that the company has made an application for allotment of lease hold industrial land in Sector-7, Pithampur (M.P.) from the Madhya Pradesh Industrial Development Corporation.We are pleased to inform that MPIDC , Regional Office of Indore has issued us a LOI for allotment of Plot no. A-09-A land admeasuring area 30,700.00 Sq Mt. at Industrial Smart Industrial Township,Pithampur Sector-7, Distt. Indore.The above lease hold land will be in line with the Company''s long term expansion strategy and is expected to strenghthen/augment its operational capablities and the acquisition will strengthen th Company''s ability to undertake capacity expanssion, diversify its product portfolio , and support future business opportunity.