Gandhar Oil Refinery (India) Limited has informed the Exchange that pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015 ( Listing Regulations ), the company has received an Order from the Office of the Commissioner of Customs (Appeals), Mumbai Customs Zone I.
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhar Oil Refinery has received a favourable order from the Assistant Commissioner of Customs (Appeals), Mumbai Zone-I sanctioning a refund claim of Rs. 22,92,06,499 (approximately Rs. 22.92 crore). The refund relates to claims filed by the company for the periods 2018-19 and 2019-20. The original order was dated April 30, 2026, and the company received it on May 6, 2026. This is a customs duty refund matter, not a regulatory penalty or SEBI action. The company disclosed this under SEBI LODR Regulation 30 requirements.
Positive for shareholders - the Rs. 22.92 crore refund will augment the company's working capital. This is a favourable outcome resolving old customs duty claims from fiscal years 2018-19 and 2019-20.