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 Private Limited, part of the promoter group of Gandhar Oil Refinery (India) Ltd, bought 1,00,000 equity shares (0.10% of total share capital) in the open market on 11 December 2025. This raises its holding from 3,24,368 shares (0.33%) to 4,24,368 shares (0.43%) of the company. The acquisition was disclosed under Regulation 29(2) of SEBI Takeover Regulations on 15 December 2025. No encumbrance, pledge, or off-market transfer was involved in this transaction.
This is a small open-market purchase by a promoter group entity, signalling continued promoter confidence in the company. The stake increase is marginal (just 0.10%), so it is unlikely to have a significant direct impact on the stock price, though it is generally viewed positively by retail investors.