The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gandhar Coals & Mines Pvt Ltd
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhar Coals & Mines Private Limited, part of the promoter group, bought 50,000 equity shares (0.05%) of Gandhar Oil Refinery (India) Ltd in the open market on 20 March 2026. The acquisition raised the entity's holding from 16,33,210 shares (1.67%) to 16,83,210 shares (1.72%) of the total share capital. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which triggers when a shareholder crosses certain ownership thresholds.
This is a small open-market purchase by a promoter group entity, signalling modest confidence from the promoter group. The increase is too small to materially affect stock price, but it shows promoter group entities are incrementally adding to their positions rather than reducing them.