Gandhar Oil Refinery (India) Limited has informed the Exchange about Non-Applicability of Re-lodgement of Transfer Requests of physical shares.
GANDHAR · price
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Awaiting price reaction for this filing.
Gandhar Oil Refinery has informed the stock exchanges that a SEBI circular dated July 2, 2025, which requires companies to open a special six-month window (July 7, 2025 to January 6, 2026) for re-lodging physical share transfer requests lodged before April 1, 2019, does not apply to the company. This is because Gandhar Oil Refinery got listed only in November 2023, well after the April 2019 cutoff. Additionally, 100% of the company's shares are already in dematerialised (demat) form, with no physical shares outstanding.
This is a routine procedural filing with no impact on shareholders or the stock price. It simply confirms the company is exempt from a specific SEBI compliance requirement because it listed after the relevant deadline and has no physical shares.