Management Change25 May 2026, 07:52 pm
Gandhi Special Tubes: Manoj Gandhi Appointed Non-Exec Director
AI Summary
Gandhi Special Tubes Ltd. announced the appointment of Mr. Manoj Gandhi as a Non-Executive Non-Independent Director. The announcement was made following a board meeting held on May 25, 2026, where the board also approved audited financial results, recommended a dividend of ₹1.5 per share, fixed a record date for dividend entitlement, and approved a buyback proposal.
Key Highlights
- Manoj Gandhi appointed as Non-Executive Non-Independent Director.
- Board approved audited financial results for the year ended March 31, 2026.
- Dividend of ₹1.5 per share recommended, subject to shareholder approval.
- Buyback of up to 8,68,100 equity shares approved at a maximum price of ₹900 per share.
- Buyback offer represents 7.14% of the paid-up equity share capital.
Price Impact
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