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, a member of the promoter group of Gandhar Oil Refinery (India) Ltd, acquired 1,30,807 equity shares (0.13% of total share capital) through open market purchases on 17 December 2025. Following this acquisition, the promoter group's holding through this entity increased from 8,24,368 shares (0.84%) to 9,55,175 shares (0.97%). The total equity share capital of the company remains unchanged at 9,78,79,530 shares. No encumbrance, warrants, or convertible securities were involved in this transaction.
This is a modest open-market purchase by a promoter group entity, signalling continued promoter confidence in the company. The increase in stake is small (0.13%) and the overall holding remains well below 1%, so the direct impact on share price is likely minimal but may be viewed as a positive signal by investors tracking promoter intent.