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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Gandhar Coal & Mines Pvt Ltd, part of the promoter group of Gandhar Oil Refinery (India) Ltd, bought 80,000 equity shares (0.08% of total share capital) in the open market on December 19, 2025. This raised the promoter group's holding in the company from 10,55,175 shares (1.07%) to 11,35,175 shares (1.15%). The disclosure was filed under SEBI's takeover regulations to report the change in shareholding. The total equity share capital of the company remains at Rs. 19.57 crore, consisting of 9.78 crore equity shares of Rs. 2 each.
This is a small open-market purchase by a promoter group entity, signalling mild confidence in the company. However, the increase is marginal (only 0.08%) and unlikely to materially move the stock price on its own.