Manhar G. Gandhi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manhar G. Gandhi, on behalf of all promoters, promoter group members, and persons acting in concert (PAC), has filed the annual disclosure under Regulation 31(4) of the SEBI Takeover Regulations for the year ended 31 March 2025. The promoter and promoter group together hold 89,35,757 shares, representing 73.53% of the total paid-up share capital of Gandhi Special Tubes Limited. The declaration confirms that no encumbrance (pledge or similar charge) has been created on these shares during the financial year ended 31 March 2025 or till the date of the filing. The disclosure lists 18 promoter and promoter group entities along with PAC members.
This is a routine annual compliance filing that reassures shareholders that the promoter group's 73.53% stake remains unencumbered with no new pledges created. It signals promoter stability and continued confidence in the company, with no immediate dilution or financial stress signals from the promoter group.