Record Date for Dividend
GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhi Special Tubes reported FY26 results with revenue from operations at ₹19,177 Lakhs (up 4% from ₹18,443 Lakhs) and profit after tax at ₹6,836 Lakhs (up 16.5% from ₹5,867 Lakhs). The Board recommended a dividend of ₹15 per share (300% on ₹5 face value) with record date fixed as 5 August 2026. Additionally, the company announced a share buyback of up to 8.68 lakh shares (7.14% of capital) at ₹900 per share totaling up to ₹78.13 crore, subject to shareholder approval. The auditor issued an unmodified (clean) opinion on the financial statements. Key appointments include Mr. Manoj Gandhi as Additional Non-Executive Director and Mr. Rohan Rana as General Manager-Plant Head.
The 16.5% PAT growth and clean audit indicate solid performance. The dividend and buyback announcement are positive signals for shareholders, offering both income and potential price support. Record date of 5 August 2026 sets the entitlement cutoff for dividend payout.