Appointed Mr. Rohan Rana General Manager Plant head and Senior Management Personnel with effect from 1 June 2026
GANDHITUBE · price
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Gandhi Special Tubes reported FY26 results with total income of ₹20,361 Lakhs, up 10% from ₹18,443 Lakhs. Net profit increased to ₹6,836 Lakhs from ₹5,867 Lakhs. EPS stood at ₹56.26 versus ₹48.24 in the prior year. The board recommended a 300% dividend (₹15 per ₹5 share) and proposed a share buyback of up to 8.68 lakh shares at ₹900 each for ₹78.12 crore, representing 7.14% of paid-up capital. New appointments include Mr. Manoj Gandhi as Additional Non-Executive Non-Independent Director and Mr. Rohan Rana as General Manager-Plant Head, both effective June 1, 2026. Cost auditor for FY27 was also appointed.
Strong financial growth and shareholder-friendly actions (dividend + buyback) are positive signals. The promoter-group appointment and senior management hiring indicate continuity and operational focus.