Gandhi Special Tubes Limited has informed the Exchange regarding ' Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.'.
GANDHITUBE · price
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Gandhi Special Tubes Limited has informed exchanges about an inter-se transfer of 2,00,000 equity shares (1.65% of share capital) between promoter Manhar Gandhi and promoter group member Rahul Gandhi, effective on or after 26 September 2025. The transfer is by way of gift (no consideration) and is described as a private family arrangement, specifically from grandfather to grandson. After the transfer, Rahul Gandhi's holding will rise from 0.83% to 2.48%, while Manhar Gandhi's holding will reduce from 14.11% to 12.46%. The aggregate promoter and promoter group holding remains unchanged at 73.53%. Since this is an inter-se transfer within the promoter group, it qualifies for exemption under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, and no open offer is triggered.
No impact on overall promoter control or share price — this is a reallocation within the promoter family, not a change in the total promoter stake. The aggregate promoter holding remains firmly above 50% (at 73.53%), so there's no concern about any takeover trigger.