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 ....
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhar Oil Refinery has completed the purchase of a land parcel from Narmada Creations. The land is located at Village-Naroli, Taluka Naroli in Silvassa (UT of Dadra and Nagar Haveli and Daman and Diu) and is adjacent to the company's existing factory. The plot size is approximately 453.55 decimals (18,353 sq. metres). The transaction was completed for a total consideration of Rs. 22,77,65,500 (approximately Rs. 22.77 crore). The company clarified this is not a related party transaction and was conducted at arm's length.
This land acquisition next to the existing Silvassa factory indicates potential expansion of manufacturing capacity. The Rs. 22.77 crore investment signals capital expenditure but could be positive for long-term production capabilities.