Gandhi Special Tubes Limited has informed the Exchange regarding Appointment of Mr. Rohan Rana General Manager Plant Head as Senior management Personnel of the company w.e.f. Jun 01, 2026.
GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhi Special Tubes Limited reported strong FY2026 results with net profit of Rs 6,836.43 lakhs, up from Rs 5,867.41 lakhs in FY2025. Revenue from operations stood at Rs 19,177.02 lakhs for the year. The Board approved a 300% dividend (Rs 15 per share of Rs 5 face value) and announced a share buyback of up to 8,68,100 shares (7.14% of equity) at Rs 900 per share, aggregating up to Rs 78.13 crore. Key appointments include Mr. Manoj Bhupatrai Gandhi as Additional Non-Executive Non-Independent Director and Mr. Rohan Rana as General Manager-Plant Head, both effective June 1, 2026. The company also appointed Mr. Dakshesh H. Zavert as Cost Auditor for FY2026-27. The 41st AGM is scheduled for August 12, 2026.
Positive for shareholders: strong profit growth, generous dividend, and buyback signal confidence. The appointment of a family-named director may raise governance questions despite the company disclosure stating no direct relationship with existing directors.