Gandhar Oil Refinery promoter raises stake to 28.67%

Ramesh Babulal Parekh, a promoter of Gandhar Oil Refinery (India) Limited , increased his shareholding by acquiring 50,000 equity shares through the open market on June 8, 2026. This purchase raised his total stake in the company to 28.67%, signaling continued confidence from the promoter group.

The disclosure was submitted to the stock exchanges under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Parekh held 2,80,13,889 shares, which accounted for 28.62% of the total share capital.

Acquisition Details

The acquisition was executed entirely through the open market mechanism. Following the purchase, the promoter's holding in Gandhar Oil Refinery (India) Limited rose to 2,80,63,889 shares. The company's total equity share capital remains unchanged at Rs. 19,57,59,060, consisting of 9,78,79,530 equity shares with a face value of Rs. 2 each.

Shareholding Pattern

The table below outlines the changes in Ramesh Babulal Parekh's shareholding before and after the acquisition:

Metric	Before Acquisition	After Acquisition
Shares Held	2,80,13,889	2,80,63,889
% of Total Share Capital	28.62%	28.67%
% of Diluted Share Capital	28.62%	28.67%

The shares of Gandhar Oil Refinery (India) Limited are listed on BSE Limited and the National Stock Exchange of India Limited. The company confirmed that the total diluted share voting capital remains Rs. 19,57,59,060.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.42%	-3.97%	+6.60%	+25.00%	-11.35%	-48.43%

Gandhar Oil Refinery (India) Limited has scheduled a virtual analyst and institutional investor meet for June 11, 2026, to discuss its performance and outlook. The interaction will take place from 4:00 p.m. to 5:00 p.m. as part of the InsightX 2026 Investor Conference/Meet organized by Choice Equity Broking Pvt. Ltd. The company confirmed that discussions will be based solely on publicly available information and no unpublished price sensitive information (UPSI) will be shared during the session.

The disclosure was made to the BSE Limited and the National Stock Exchange of India (NSE) in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the schedule is subject to change due to exigencies on the part of the investors or the company.

Meeting Details

The following table outlines the specific arrangements for the upcoming interaction:

Date	Mode of Interaction	Conference details	Venue
June 11, 2026 4:00 p.m. to 5:00 p.m.	One to One and /or Group Meetings	Choice Equity Broking Pvt. Ltd.: "InsightX 2026 - Investor Conference/Meet"	Virtual