Gallantt Ispat has been disbursed a subsidy amounting to Rs 33.06 crore by the State Government of Uttar Pradesh (UP), Under the Infrastructure and Industrial Investment Policy-2012 of the State Government of UP. The amount of subsidy is inclusive of refund of State Goods and Services Tax (SGST) paid by the company and refund of interest paid on the Term Loan granted by the Banker to the company.
Gallantt Ispat is engaged in the manufacturing and marketing of sponge iron, mild steel billets, re-rolled products (TMT bars and mild steel structural) and wheat flour products.
