The Company 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 purchase of land situated at Silvassa.
GANDHAR · price
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Gandhar Oil Refinery (India) Limited has successfully completed the purchase of a land parcel in Naroli, Silvassa. The land measures 18,353 sq. meters (453.55 decimals) and was acquired from Narmada Creations for Rs. 22.78 crore. This acquisition is adjacent to the company's existing factory location at Silvassa. The transaction is not a related party transaction and the sellers are not connected to the promoter or group companies. No shares were issued for this purchase.
This land acquisition adjacent to their existing facility indicates potential capacity expansion or operational growth. The significant capital outlay of Rs. 22.78 crore could have minor near-term impact on cash reserves, but may support future revenue growth if used for capacity enhancement.