Rahul Gandhi revises Gandhi Special Tubes share acquisition disclosure

Rahul Gandhi, an acquirer belonging to the promoter/promoter group, has filed a revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, concerning Gandhi Special Tubes Limited. The update, dated December 15, 2025, rectifies an inadvertent omission of the shareholding after the transaction in the original filing. The acquisition occurred on September 26, 2025.

Prior to the acquisition, Gandhi held 100,649 shares carrying 0.83% of the voting rights. The acquisition involved 200,000 shares, increasing his holding by 1.65%. Following the acquisition, Gandhi’s total holding stands at 300,649 shares, representing 2.47% of the total voting rights in Gandhi Special Tubes.

The acquisition was executed as an off-market inter-se transfer between the promoter and promoter group by way of a gift. The equity share capital of Gandhi Special Tubes, both before and after the acquisition, is stated as Rs. 6,07,60,000, comprising 12,152,000 equity shares of Rs. 5 each.