GANDHARBSEGandhar Oil Refinery (India) LtdHighNegative
Announced Tue, 12 May · 18:07 IST

With reference to the previous announcement dated 11th May, 2026 and in compliance with Regulation 30 read with Schedule III, Part A, Para A (7) of the SEBI Listing Regulations, we wish ....

Management Changes View source PDF

GANDHAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹141.02
prior close
₹142.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+0.1-0.4+2.5+6.8+11.7+13.1+12.9+16.7+15.2+12.8+46.0
Up moveDown movePending
AI summary

Gandhar Oil Refinery has disclosed the resignation of Mr. Sanjay Bharadwaj from the position of Senior Vice President - Manufacturing in the Operations Department at the Silvassa Plant, effective from the closing hours of May 11, 2026. The resignation is due to personal reasons. The company also corrected an earlier announcement that had incorrectly stated the date as May 5, 2026 instead of May 11, 2026. Mr. Bharadwaj was classified as Senior Management Personnel but not as a Key Managerial Personnel (KMP) such as CEO, CFO, or Whole-time Director.

Likely market impact

This is a routine mid-level management departure in the manufacturing/operations function. It is unlikely to have a significant impact on stock price as it does not involve C-suite or board-level executives. The correction of the earlier date suggests routine administrative handling rather than any governance concern.