Gandhar Oil Refinery (India) Limited has informed the Exchange about Resignation of Director/KMP/SMP

Management Changes View source PDF Explain this filing

GANDHAR · price

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Price reactionminutes from the announcement price · days from the prior close

-0.0%Reaction day

₹141.02

prior close

₹142.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.7% vs market

Lubricants peers, median of 5sector-0.8%+0.8% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.8 pts more than its Lubricants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-0.0+0.7-0.7-0.8+0.8

Next day

+2.5+0.9+1.5-0.1+2.6

+6.8+0.6+6.2-0.2+7.0

+11.7-0.8+12.5-1.7+13.4

+13.1-0.4+13.5-0.4+13.5

+12.9+0.2+12.6-2.4+15.2

+16.7+1.4+15.2-1.9+18.6

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+15.2+4.2+11.0-0.5+15.7

+12.8+6.3+6.5+2.8+9.9

+46.0+11.3+34.7+5.7+40.3

+73.6+14.0+59.7+24.1+49.6

UpDownMarket · Nifty Microcap 250Sector · Lubricants peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Sanjay Bharadwaj has tendered his resignation from the post of Senior Vice President, Manufacturing at Gandhar Oil Refinery (India) Limited. The resignation has been submitted due to personal reasons, with an effective date of May 11, 2026. Bharadwaj expressed gratitude to the management and colleagues for their support during his tenure with the company. The company has filed this intimation with the exchange under the category of Resignation of Director/KMP/SMP.

Likely market impact

This departure affects the senior manufacturing leadership team. While not a director or key managerial personnel, the loss of a senior vice president in manufacturing could impact operational oversight in the near term.