Gandhi Special Tubes Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 11, 2025
GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gandhi Special Tubes Limited held its 40th AGM on August 11, 2025 via video conferencing, and all 7 resolutions were passed with the required majority. The key items include adoption of FY25 audited financials, declaration of a final dividend on equity shares for FY ended March 31, 2025, and the re-appointment of Mr. Jayesh Gandhi as a director (retiring by rotation). Mrs. Nishita Chheda was appointed as a Woman Independent Director. Out of 94,15,708 valid votes cast, promoter group held 89,35,257 shares (about 99.6% of votes polled). Six ordinary resolutions got 99.99% support, while the related-party resolution approving remuneration for Mr. Rahul Gandhi received 96.54% in favour, with 89,02,497 promoter shares being treated as invalid/abstained since they are an interested party. M/s Dholakia & Associates LLP was also appointed as Secretarial Auditor for five years (FY26–FY30).
Routine procedural filing — confirms shareholder approval of the final dividend, a new independent director, and auditor appointments. The lower approval on the related-party remuneration is normal because promoter-related votes are excluded by law and does not indicate dissent issues. Likely neutral to mildly positive for the stock as it removes governance overhangs.