Gandhar Oil Refinery (India) Limited has informed the Exchange pursuant to Regulation 30 of SEBI (LODR) 2015 and in continuation to the intimation dated 23rd January, 2026, the Company has successfully completed the transaction for sale of land situated in Mohali, Punjab.
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhar Oil Refinery has completed the sale of land situated in Mohali, Punjab to Mr. Tarundeep Singh for Rs. 1.61 crore. The sale deed was executed on 30th April, 2026. The company has clarified that this transaction does not constitute disposal of an undertaking or substantially the whole of the company's business under the Companies Act. The buyer is not part of the promoter group or related parties. This appears to be a routine real estate disposal with no impact on the company's core petroleum refining operations.
The transaction size of Rs. 1.61 crore is relatively small and unlikely to have any material impact on the company's financials or stock price. Shareholders need not expect any significant change in business operations.