Buyback of up to 8,68,100 shares at INR 900 per share via tender offer

Corporate Actions View source PDF Explain this filing

GANDHITUBE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹899.80

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-0.1% vs market

Iron & Steel Products peers, median of 102sector+0.9%-0.4% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.4 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.6-0.1+0.9-0.4

Next day

-0.1+0.4-0.4+0.8-0.9

-0.2+0.7-0.9+1.3-1.5

+0.2+1.0-0.8+1.9-1.7

-0.4-0.0-0.4+1.0-1.4

-0.3-0.6+0.3+0.0-0.3

+0.0+0.7-0.7+1.5-1.5

15d

-0.4-1.2+0.9+0.1-0.5

+5.7-0.9+6.6+1.3+4.4

-8.3-9.0+0.7-9.6+1.4

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 102Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gandhi Special Tubes is buying back up to 8,68,100 shares (7.14 percent of total equity) at INR 900 per share through tender offer route, totalling about INR 78.13 crore. Record date was August 21, 2026. Buyback window runs from August 27 to September 2, 2026, with settlement by September 9, 2026. Size is 24.99 percent of paid-up capital and free reserves.

Likely market impact

Buyback signals management confidence and may support share price; eligible shareholders can tender shares at INR 900 each during the open window.