GANDHARNSEGandhar Oil Refinery (India) Limited· Petroleum ProductsHighNeutral
Announced Thu, 7 May, 2026 · 19:52 IST

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

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.5%Reaction day
₹152.50
prior close
₹153.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.4% vs market
Lubricants peers, median of 5sector+2.4%-2.9% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 2.9 pts less 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
Stock
5m
-0.3
10m
-0.8
15m
-0.5
30m
-0.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.5-0.1-0.4+2.4-2.9
Next day
-4.3-1.5-2.8-1.4-2.9
2d
-7.5-4.5-3.0-2.4-5.1
3d
-7.5-3.9-3.7-2.0-5.5
4d
-5.2-3.6-1.6-1.9-3.3
5d
-1.2-4.0+2.8-2.8+1.6
1w
+4.6-4.9+9.5-1.3+5.9
15d
+3.9-2.7+6.5-2.0+5.9
1m
+2.6-2.5+5.1-2.2+4.8
2m
+24.9+2.7+22.2+1.7+23.2
3m
+55.7+8.4+47.3+11.0+44.7
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

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.

Likely market impact

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.