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

Promoter bought stakeOwnership Changes View source PDF Explain this filing

GANDHAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹145.54

prior close

₹145.76

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-0.8% vs market

Lubricants peers, median of 5sector+1.8%-1.2% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.2 pts less than its Lubricants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.7

15m

+1.0

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+1.4-0.8+1.8-1.2

Next day

+2.1+1.4+0.7+1.8+0.3

+1.2+0.9+0.3+3.4-2.2

+2.7+0.3+2.4+2.5+0.2

+0.9-0.4+1.3+2.4-1.5

+1.7-0.5+2.2+0.3+1.4

+6.0+1.1+4.8+2.2+3.7

15d

+11.3-2.5+13.8+1.1+10.2

+10.1-6.1+16.2-4.1+14.3

-2.0-2.8+0.9-5.2+3.3

-12.7-14.9+2.2-16.4+3.6

UpDownMarket · Nifty Microcap 250Sector · Lubricants peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.