StockWatch
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Iron & Steel Products
Dividend25 May 2026, 07:51 pm

Gandhi Special Tubes: Sets Aug 5 as Dividend Record Date

AI Summary

Gandhi Special Tubes Ltd. has fixed Wednesday, August 5, 2026, as the record date for determining members' entitlement to a dividend of ₹15 (300%) per equity share of ₹5 each for the financial year ended March 31, 2026, subject to shareholder approval at the AGM. The dividend, if approved, will be paid on or before September 11, 2026. The company also approved a buyback of up to 8,68,100 equity shares at a maximum price of ₹900 per share, not exceeding ₹78,12,90,000 in aggregate.

Key Highlights

  • Gandhi Special Tubes declares record date for dividend as August 5, 2026.
  • Dividend of ₹15 (300%) per share approved, pending shareholder approval.
  • Buyback of up to 8,68,100 shares approved at ₹900 per share.
  • Buyback offer is 7.14% of the Paid-up Equity Share Capital of the Company.