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) in the open market on 26 December 2025. Its holding in the company has gone up from 12,41,177 shares (1.26%) to 12,91,177 shares (1.31%). The total equity share capital of the company remains unchanged at 9,78,79,530 shares of Rs 2 each. The disclosure was filed with BSE and NSE under the SEBI Takeover Regulations.
A small open-market purchase by a promoter group entity signals continued promoter confidence in the company, though the increase in stake is minor and unlikely to materially impact share price or control.