Gandhi Special Tubes Limited Approves FY Results, Recommends Dividend, and Plans Share Buyback

Gandhi Special Tubes Limited Approves FY Results, Recommends Dividend, and Plans Share Buyback​

Gandhi Special Tubes Limited announced key corporate actions following its Board of Directors meeting held on May 25, 2026. The Board approved the Audited Financial Results for the fourth quarter and the entire financial year ended March 31, 2026. In addition to approving the results, the board recommended a dividend payout and outlined a significant buyback plan for the company’s equity shares.

Financial Results and Corporate Actions​

The Board of Directors approved the audited financial results for the quarter and the year ended March 31, 2026.

Dividend Recommendation and Buyback Plan

For the financial year ended March 31, 2026, the Board recommended a dividend of Rs. 15/- (300%) per equity share of Rs. 5/- each, fully paid-up capital. The payment of this dividend remains subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).

The company fixed Wednesday, August 5, 2026, as the record date for determining the entitlement of members to the dividend. Should the dividend be approved by the shareholders, the payment is slated for on or before September 11, 2026.

Furthermore, the Board approved a proposal to buy back up to 8,68,100 (Eight Lakh Sixty Eight Thousand One Hundred only) fully paid-up equity shares, each with a face value of Rs. 5/-. This represents 7.14% of the total paid-up equity share capital. The buyback is planned for an aggregate amount not exceeding Rs. 78,12,90,000/- (Rupees Seventy Eight Crore Twelve Lakhs Ninety Thousand only), at a maximum price of Rs. 900/- per equity share.

Financial Performance Overview​

The audited financial results for the company provide detailed operational figures across various periods. The data reflects the company's total income, expenses, and profit levels.


The company's financial position shows assets totaling Rs. 34,005.37 lakhs as of March 31, 2026, compared to Rs. 28,598.92 lakhs on the same date in the previous year. Current assets were reported at Rs. 9,026.60 lakhs, up from Rs. 7,725.46 lakhs.

Management and Governance Appointments​

During the board meeting, several appointments and approvals were finalized:

• Additional Director: Mr. Manoj Bhupatrai Gandhi was approved for appointment as an Additional Director in the category of Non-Executive Non-Independent Director, effective from June 1, 2026.
• General Manager- Plant Head: Mr. Rohan Rana was approved for appointment as General Manager- Plant Head and a Senior Management Personnel, effective from February 1, 2026.
• Cost Auditor: Shri. Dakshesh H. Zaver was approved to serve as the Cost Auditor for the financial year ending March 31, 2027.

The company’s management and board are responsible for the preparation and presentation of the financial results, which give a true and fair view of the financial information according to applicable Indian Accounting Standards (Ind AS).

GANDHITUBE Stock Price Movement​

Today, shares of Gandhi Special Tubes Limited edged higher, settling at ₹961.25 after gaining 3.07%. The stock traded on a volume of 41,736 shares during the session.