The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gandhar Coal & Mines Pvt Ltd
GANDHAR · price
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Awaiting price reaction for this filing.
Gandhar Coal & Mines Pvt Ltd, part of the promoter group of Gandhar Oil Refinery (India) Ltd, bought 53,816 equity shares (0.06% of total share capital) through open market purchases on 30.12.2025. After this acquisition, the entity's holding increased from 13,41,729 shares (1.36%) to 13,95,545 shares (1.41%) of the company. The total equity share capital of Gandhar Oil Refinery remains unchanged at 9,78,79,530 shares of Rs. 2 each. The disclosure was signed by Saurabh Ramesh Parekh, Whole Time Director of Gandhar Coal & Mines Pvt Ltd, and filed with BSE and NSE on 01.01.2026.
This is a small open-market purchase by a promoter group entity, signalling continued promoter confidence in the company. However, the size is very minor (0.06%), so it is unlikely to meaningfully move the stock price on its own — it is more of a routine regulatory disclosure than a major stake-building event.