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
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Gandhar Coals & Mines Private Limited, part of the promoter group of Gandhar Oil Refinery (India) Ltd, purchased 20,000 equity shares (0.02% of total share capital) from the open market on 13 February 2026. After this acquisition, the entity's holding in the company rose from 16,00,620 shares (1.61%) to 16,20,620 shares (1.63%). The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, and the company's total equity share capital remains Rs. 19.57 crore divided into 9.78 crore equity shares of Rs. 2 each fully paid up.
The promoter group entity marginally increased its stake by buying a small quantity in the open market, signaling mild promoter confidence. The size of the transaction is too small to materially affect shareholding structure or stock price.