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Gandhi Special Tubes sets 41st AGM for Aug. 12, 2026

AI Market Summary
Gandhi Special Tubes announced its 41st AGM (Aug 12, 2026) to adopt FY26 audited results, declare a ₹15/share final dividend, and seek approval for a tender-offer buyback of up to 868,100 shares (24.9996%) at up to ₹900/share (~₹781.29m). Auditor confirmation that the buyback will not impair solvency frames this as routine capital-return/corporate-governance activity with limited broader market spillover.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+0.92%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Gandhi Special Tubes Limited said it will hold its 41st Annual General Meeting on Aug. 12, 2026 to consider the financial statements for FY2025–2026. Shareholders will also vote on a final dividend of ₹15 per share. The agenda includes approval for a buyback of up to 8,68,100 shares at a maximum price of ₹900 per share, representing 24.9996% of total capital, for an aggregate amount of about ₹78,12,90,000.
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