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Gandhi Special Tubes Limited ( (IN:GANDHITUBE) ) has shared an announcement.
Gandhi Special Tubes Limited announced an inter-se transfer of shares within its promoter group, involving the acquisition of 200,000 equity shares by Mr. Rahul Gandhi from Mr. Manhar Gandhi. This transaction, which accounts for a 1.65% shareholding, was executed as a gift and falls under the exemption of SEBI’s regulations, ensuring no change in the aggregate holding of the promoter group. The move signifies internal restructuring without impacting the company’s overall market position or stakeholder interests.
More about Gandhi Special Tubes Limited
Gandhi Special Tubes Limited operates in the manufacturing industry, focusing on the production of precision steel tubes and other related products. The company serves various sectors, including automotive, engineering, and agriculture, providing essential components for machinery and equipment.
Average Trading Volume: 2,735
Technical Sentiment Signal: Strong Buy
Current Market Cap: 11.22B INR
For an in-depth examination of GANDHITUBE stock, go to TipRanks’ Overview page.