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, part of the promoter group of Gandhar Oil Refinery (India) Ltd, bought 46,278 equity shares (0.05% of total share capital) through open market transactions on December 22, 2025. After this acquisition, the promoter's holding has risen to 11,81,453 shares, representing 1.20% of the company's total voting capital, up from 1.15% earlier. The mode of acquisition was open market, and the company's total equity share capital remains unchanged at Rs. 19.57 crore, divided into 9,78,79,530 shares of Rs. 2 each. The disclosure was filed under SEBI's Takeover Regulations by Saurabh Ramesh Parekh, Whole Time Director of Gandhar Coal & Mines.
This is a small, routine promoter group purchase that signals continued confidence in the company, but it is too minor (0.05%) to materially impact shareholding structure or stock price.