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 Private Limited, part of the promoter group of Gandhar Oil Refinery (India) Ltd, bought 1,40,000 equity shares (0.14% of the company) through the open market on 31.12.2025. Prior to this acquisition, the entity held 13,95,545 shares (1.41%), which has now risen to 15,35,545 shares (1.55%) of the company's share capital. The total equity share capital remains unchanged at 9,78,79,530 shares of Rs. 2 each. This is a routine disclosure under SEBI takeover regulations triggered by the promoter group entity crossing a reporting threshold.
This is a modest, confidence-signalling buy by a promoter group entity in the open market. The acquisition size is small and does not materially change the promoter group's overall stake, so the immediate impact on the stock is likely neutral but mildly positive as it reflects promoter faith at current prices.