Gandhi Special Tubes Limited has successfully completed the inter-se transfer of shares within its promoter group and filed a revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction, which was previously announced, involved the transfer of 200,000 equity shares from Mr. Manhar Gandhi to Mr. Rahul Gandhi through a gift arrangement.

Transaction Completion Details

The off-market inter-se transfer between promoter and promoter group members was completed on September 26, 2025, as scheduled. The transaction was structured as a gift without any monetary consideration, falling under the exemption provided by SEBI SAST Regulations for transfers among qualifying persons.

Updated Shareholding Pattern

Following the completion of the transfer, Mr. Rahul Gandhi's shareholding in Gandhi Special Tubes Limited has increased significantly. The revised disclosure reveals the updated shareholding structure post-transaction.

Regulatory Compliance and Revised Filing

On December 15, 2025, Mr. Rahul Gandhi submitted a revised disclosure to BSE Limited, addressing observations regarding the earlier filing. The revision was made to include complete shareholding details after the transaction, as required under Regulation 29(2) of SEBI SAST Regulations. The revised disclosure confirmed that there were no changes to the previously disclosed transaction details, with the revision solely aimed at rectifying the omission of post-transaction shareholding information.

Impact on Company Structure

The completed transfer maintains the overall promoter and promoter group holding in Gandhi Special Tubes Limited unchanged. The company's equity share capital remains at ₹6.08 crores, comprising 1,21,52,000 equity shares of ₹5 each. This inter-se transfer represents an internal realignment within the promoter group, potentially reflecting succession planning or strategic restructuring within the promoter family.

Gandhi Special Tubes Limited: Promoters Enter Inter-se Agreement

Gandhi Special Tubes Limited, a company listed on the Indian stock exchanges, has recently disclosed information regarding an inter-se agreement among its promoters. This development was reported as part of the company's compliance with the LODR (Listing Obligations and Disclosure Requirements) regulations.

Key Points:

• The agreement is between the promoters of Gandhi Special Tubes Limited.
• It is classified as an inter-se agreement, which typically refers to an arrangement or understanding between parties who are already part of a larger group or have a pre-existing relationship.
• The disclosure was made in accordance with regulatory requirements, demonstrating the company's commitment to transparency.

Implications:

• Inter-se agreements among promoters may indicate potential changes in the ownership structure or voting rights within the promoter group.
• Such agreements may or may not have a direct impact on the company's day-to-day operations or its stock performance.
• Investors and market analysts often monitor these developments to understand any potential shifts in company control or strategy.

Conclusion:

While the specific details of the inter-se agreement are not fully disclosed in the available information, it represents an important development for shareholders and potential investors to be aware of. As always, it's recommended that investors conduct their own due diligence and consider seeking professional financial advice before making investment decisions based on this news.