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 Pvt Ltd bought 20,000 equity shares of Gandhar Oil Refinery (India) Ltd via open market on 8 December 2025. This raised its holding from 2,53,306 shares (0.26%) to 2,73,306 shares (0.28%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations with BSE and NSE. The acquirer is signed for by Saurabh Ramesh Parekh and bears the 'Gandhar' branding, suggesting promoter-group affiliation, even though the form marks promoter-group status as 'N.A.'. Total share capital of the company remains unchanged at 9,78,79,530 equity shares of Rs. 10 each.
This is a minor incremental purchase (only 0.02% change) by what appears to be a promoter-related entity, signalling modest continued buying interest. The tiny size means negligible impact on stock price or shareholder structure.