Gandhi Special Tubes Buyback Opens on August 27 at ₹900 per Share

Gandhi Special Tubes Limited has announced a share buyback through the Tender Offer route, giving eligible shareholders an opportunity to tender their shares back to the company at a fixed price.

The buyback will open on August 27, 2026 and close on September 2, 2026.

Under the offer, Gandhi Special Tubes plans to buy back **up to 8,68,100 equity shares** at a price of **₹900 per share**.

Key Details of Gandhi Special Tubes Buyback

Buyback Bidding Window

The Tender Offer will be available through the stock exchange's web-based bidding platform during the following period:

• Offer Period: August 27 to September 2, 2026
• Bidding Time: 9:15 AM to 3:30 PM
• Custodian Confirmation: Up to 4:00 PM

Eligible shareholders can place their bids through their broker during the offer period.

What Does This Mean for Shareholders?

A buyback allows a company to purchase its own shares from existing shareholders.

In this case, eligible Gandhi Special Tubes shareholders can choose to tender their shares at the fixed buyback price of **₹900 per share**.

However, tendering shares does not guarantee that all shares submitted will be accepted. The final number of shares accepted will depend on the total number of shares tendered and the entitlement and acceptance ratio applicable to each shareholder.

For example, if an investor tenders 100 shares but the final acceptance ratio allows only part of those shares to be accepted, the remaining shares will continue to stay in the investor's demat account.

What Should Investors Keep in Mind?

Shareholders planning to participate should check their eligibility, entitlement details and the number of shares they wish to tender before placing a bid.

They should also remember that the buyback window closes on **September 2, 2026**, so bids need to be submitted within the prescribed exchange timings.

Key Takeaway

Gandhi Special Tubes Limited's buyback will be open from August 27 to September 2, 2026, at a fixed price of ₹900 per share. The company proposes to buy back up to 8,68,100 equity shares through the Tender Offer route.

Eligible shareholders who wish to participate should place their bids through their broker during the offer window and keep in mind that final acceptance will depend on the terms of the buyback and overall shareholder participation.

Source: NSE Circular Ref. No. 1439/2026 dated August 25, 2026.*