Gandhi Special Tubes Limited has informed the Exchange about General Updates
GANDHITUBE · price
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Gandhi Special Tubes Limited informed the exchanges about an off-market gift transfer of 2,00,000 equity shares (1.65% of paid-up capital) from Mr. Manhar Gandhi (Promoter) to Mr. Rahul Gandhi (part of Promoter Group) on 26 September 2025. The transfer was made without any consideration as a family gift. Post-transfer, Mr. Rahul Gandhi's holding rose from 0.83% to 2.48%, while Mr. Manhar Gandhi's stake declined from 14.11% to 12.46%. The aggregate Promoter and Promoter Group holding remains unchanged, and the transaction is exempt from open offer requirements under SEBI SAST Regulations.
This is an internal reshuffling within the promoter family and has no impact on total promoter ownership or the stock price. Shareholders should note that no open offer is triggered due to the inter-se transfer exemption.