Gandhar Coal & Mines boosts stake in Gandhar Oil Refinery

Gandhar Coal & Mines Private Limited acquired 100,000 equity shares of Gandhar Oil Refinery (India) Ltd on December 18, 2025. This open market transaction was disclosed in accordance with SEBI regulations.

Before this acquisition, Gandhar Coal & Mines held 9,55,175 shares, representing 0.97% of the total voting capital. The recent purchase increased its holding by 0.10%, bringing the total to 10,55,175 shares, or 1.07% of Gandhar Oil Refinery's equity.

The equity share capital of Gandhar Oil Refinery (India) Ltd remains at ₹19,57,59,060, comprising 9,78,79,530 equity shares with a face value of ₹2 each. Saurabh Ramesh Parekh, whole time director of Gandhar Coal & Mines Private Limited, signed the disclosure.