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 50,000 equity shares (0.05% of total share capital) through the open market on 10 December 2025. This takes the entity's holding from 2,74,368 shares (0.28%) to 3,24,368 shares (0.33%). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. The total equity share capital of the company remains unchanged at 9,78,79,530 shares of Rs. 2 each.
The acquisition is a small, confidence-signalling open market purchase by a promoter group entity. The increase in stake is marginal (just 0.05%), so it is unlikely to materially move the stock price, but it indicates continued promoter group support.