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Gandhi Special Tubes Ltd logo

Gandhi Special Tubes Ltd

NSE: GANDHITUBE BSE: 513108

₹852.30

(0.09%)

Wed, 24 Jun 2026, 06:48 pm

Company History

1985

  • The company was incorporated on April 22nd.
  • The company obtained its certificate of commencement of business on May 14th.
  • The company entered into a technical collaboration agreement with Bentelar Werk A.G.
  • The company undertook a project to manufacture small diameter DC welded precision steel tubes.
  • The company issued equity shares to promoters, directors, and the public.

1986

  • The company offered a public subscription of equity shares.

1987

  • The company offered rights equity shares to Resident Indian shareholders.
  • The company offered equity shares to employees.

1990

  • The company improved productivity by removing bottlenecks at the finishing line.
  • The company offered equity shares to shareholders and employees.

1993

  • The company allotted equity shares to the Industrial Development Bank of India.
  • The company offered equity shares to shareholders and employees.

1995

  • The company's name was changed to Gandhi Special Tubes Ltd.

1998

  • The company was certified as an ISO 9002 company.

2000

  • The company proposed to buyback 21,00,000 equity shares at a maximum offer price of Rs 17 per share.

2007

  • Shri Dharmen B Shah was appointed as Additional Director of the Company.

2008

  • The company split its face value from Rs 10 to Rs 5.

2009

  • The company declared an Interim Dividend of Rs 2.50 per share for the year ending March 31, 2009.
  • Mr K N Warden was re-appointed as Director of the Company.

2010

  • The company declared a normal Interim Dividend of 50% and a Special Interim Dividend of 50% for the financial year ending March 31, 2010.
  • Mr K N Warden was re-appointed as Director of the Company.

2011

  • The company declared an Interim Dividend of Rs 5 per share for the year ending March 31, 2011.

2012

  • The company declared an Interim Dividend of Rs 6 per share for the year ending March 31, 2012.

2013

  • Shri Kawas Nariman Warden was appointed as an Additional Member of the Audit Committee.
  • The company's registered office was shifted to #201-204 Plaza, 2nd Floor, 55 Hughes Road, Mumbai.

2015

  • Gandhi Special Tubes Ltd changed the address of its Registrar and Transfer Agent.

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