Gandhi Special Tubes 41st AGM notice on 12 Aug 2026; buyback and dividend on agenda

Board & Shareholder Meetings View source PDF

GANDHITUBE · price

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AI summary

Gandhi Special Tubes 41st AGM on 12 Aug 2026 at 11 AM via video conferencing. Agenda: adopt FY26 results, declare Rs 15 per share (300%) final dividend, reappoint Mr Jayesh Gandhi, appoint Mr Manoj Gandhi as director, ratify cost auditor fee of Rs 85,000. Major item: buyback of up to 8,68,100 shares (7.14% of capital) at max Rs 900 per share, up to Rs 78.13 crore via tender offer. Promoters will participate. Cutoff for e-voting: 5 August 2026.

Likely market impact

Buyback up to Rs 78.13 crore at max Rs 900 per share and Rs 15 dividend signal capital return to shareholders; promoter participation shows confidence.