Gandhi Special Tubes Limited has filed its quarterly compliance certificate with BSE and NSE for the quarter ended March 31, 2026. The submission confirms the company's adherence to regulatory requirements under SEBI's depositories regulations.

Regulatory Compliance Filing

The company submitted a certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, dated April 6, 2026. The certificate was issued by KFin Technologies Limited, which serves as the company's Registrar and Transfer Agent.

Certificate Confirmation

KFin Technologies Limited confirmed compliance with specific regulatory actions required under the SEBI regulations. The registrar certified that all dematerialization processes were handled within the prescribed 15-day timeframe upon receipt of security certificates from depository participants.

The compliance certificate covers several key areas:

• Confirmation of dematerialization requests (approved/rejected)
• Verification that dematerialized securities are listed on appropriate stock exchanges
• Proper mutilation and cancellation of physical security certificates
• Substitution of depository name as registered owner in company records

Company Information

Gandhi Special Tubes Limited operates from its registered office at 201-204, Plaza, 2nd Floor, 55 Hughes Road, Mumbai - 400007. The company trades on BSE with scrip code 513108 and on NSE under the symbol GANDHITUBE.

Registrar Operations

KFin Technologies Limited, serving as the Registrar and Transfer Agent, operates from its facilities in Hyderabad and Mumbai. The certificate was signed by Dnyanesh Gharote, Vice President at KFin Technologies, confirming the company's ongoing compliance with depositories regulations and regular certification to depositories and stock exchanges as required under the regulations.

Gandhi Special Tubes Limited has issued a clarification to BSE Limited regarding recent volume movements in its scrip, stating that the increases are purely market-driven with no underlying corporate developments. The response, dated 18 February 2026, addresses BSE's surveillance inquiry about unusual trading activity in the company's shares.

Company's Response to BSE Inquiry

The company responded to BSE's volume movement letter referenced as L/SURV/ONL/PV/API/2025-2026/922 dated 18 February 2026. In its clarification, Gandhi Special Tubes emphasized that it has maintained full compliance with disclosure requirements under SEBI regulations.

Regulatory Compliance Confirmation

The company confirmed that it has timely informed both NSE and BSE of all events and information that could impact its operations and performance. This includes all price-sensitive information as required under Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key compliance aspects highlighted include:

• Timely disclosure of all material events to both exchanges
• Adherence to price-sensitive information disclosure requirements
• Compliance with Regulation 30 of SEBI LODR Regulations
• Commitment to continue making applicable disclosures within stipulated timeframes

Management's Position on Volume Movement

Gandhi Special Tubes categorically stated that there is no pending information or announcement from the company that may have influenced the volume behavior in its scrip. The management emphasized that the increase in volume and price is "absolutely market driven" and that the company's management has no connection with such movements.

The response was signed by Chaitali Kachalia, Company Secretary & Compliance Officer, and digitally authenticated on 18 February 2026. The company operates from its registered office at Plaza, Hughes Road, Mumbai, and maintains its commitment to transparent market practices and regulatory compliance.