
Deals29 Sept 2025, 12:51 pm
Rahul Gandhi's Inter-Se Transfer of 2 Lakhs Shares in Gandhi Special Tubes Ltd.
AI Summary
The Exchange has received a disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Rahul Gandhi. The disclosure is about an off-market inter-se transfer of 2,00,000 Equity Shares of Gandhi Special Tubes Limited. This transaction is exempted from making an open offer as it falls within the exemption provided under Regulation 10(1)(a)(ii) of the SEBI SAST Regulations. The aggregate holding of promoter and promoter group before and after the above inter-se transaction remains the same. The disclosure was made within the time line specified under Regulation 10(5) of SEBI SAST Regulations.
Key Highlights
- Rahul Gandhi's inter-se transfer of 2 Lakhs shares in Gandhi Special Tubes Ltd.
- The transaction is exempted from making an open offer as per Regulation 10(1)(a)(ii) of the SEBI SAST Regulations.
- The aggregate holding of promoter and promoter group before and after the transaction remains the same.
- The disclosure was made within the time line specified under Regulation 10(5) of SEBI SAST Regulations.