Gandhi Special Tubes Limited has informed that the Board of Directors at its meeting held on January 24, 2017 has declared an interim dividend of INR 9.00 per share (180%) on 14,698,616 equity shares of INR 5.00 each aggregating to an outlay of INR 132.287 million excluding dividend tax for the financial year ending March 31, 2017. The interim dividend will be paid on or before February 15, 2017. The record date of payment is February 3, 2017.