Gandhar Coal & Mines increases stake in Gandhar Oil Refinery

Gandhar Coal & Mines Private Limited, a promoter group entity, has acquired 200,000 equity shares of Gandhar Oil Refinery (India) Ltd through an open market transaction on December 12, 2025. This acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following the acquisition, Gandhar Coal & Mines Private Limited's total holding in Gandhar Oil Refinery (India) Ltd now stands at 624,368 equity shares, representing 0.63% of the total voting capital. Prior to this transaction, the company held 424,368 shares, equivalent to 0.43% of the total voting capital.

The total equity share capital of Gandhar Oil Refinery (India) Ltd is reported as Rs. 195,759,060, comprising 97,879,530 equity shares with a face value of Rs. 2 each.