News Orders & Deals Gandhar Coal & Mines Acquires Additional 10,000 Shares in Gandhar Oil RefineryGandhar Coal & Mines Acquires Additional 10,000 Shares in Gandhar Oil Refinery
Gandhar Coal & Mines Private Limited acquired 10,000 equity shares in Gandhar Oil Refinery (India) Ltd through open market purchase on February 18, 2026. The transaction increased the promoter group's shareholding from 1.63% to 1.64%, representing a marginal but strategic increase. The acquisition was disclosed under SEBI's SAST Regulations, with formal communication made to BSE Limited, National Stock Exchange of India Limited, and the target company on February 20, 2026.
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Gandhar Coal & Mines Private Limited has acquired 10,000 equity shares in Gandhar Oil Refinery (India) Ltd through open market purchase, as disclosed in a regulatory filing dated February 20, 2026. The transaction was executed on February 18, 2026, and falls under the disclosure requirements of SEBI's Substantial Acquisition of Share and Takeover (SAST) Regulations.
Transaction Details
The acquisition represents a minor but notable increase in the promoter group's stake in the target company. The purchase was made through open market operations, demonstrating continued confidence in the oil refinery's prospects.
| Parameter | Details |
|---|---|
| Shares Acquired | 10,000 equity shares |
| Transaction Date | February 18, 2026 |
| Mode of Acquisition | Open Market |
| Acquirer Status | Promoter Group |
Shareholding Pattern Changes
The transaction has resulted in a marginal increase in Gandhar Coal & Mines' ownership percentage in the target company. The detailed shareholding pattern reveals the impact of this strategic acquisition.
| Shareholding Details | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares | 16,20,620 | 16,30,620 | +10,000 |
| Percentage Holding | 1.63% | 1.64% | +0.01% |
| Diluted Capital % | 1.63% | 1.64% | +0.01% |
Company Structure and Compliance
Gandhar Oil Refinery (India) Ltd maintains its equity share capital structure unchanged following this transaction. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited, ensuring broad market accessibility.
| Capital Structure | Details |
|---|---|
| Total Equity Capital | Rs. 19,57,59,060 |
| Number of Shares | 9,78,79,530 equity shares |
| Face Value | Rs. 2/- per share |
| Share Status | Fully paid |
Regulatory Disclosure
The disclosure was made by Saurabh Ramesh Parekh, Whole Time Director (DIN: 02907808) of Gandhar Coal & Mines Private Limited, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, 2011. The formal communication was digitally signed and submitted to the relevant stock exchanges and the target company on February 21, 2026.
This acquisition reflects the ongoing relationship between the promoter group entities and demonstrates continued investment in the oil refinery operations. The transaction maintains transparency through proper regulatory disclosure while representing a strategic addition to the existing shareholding pattern.
Historical Stock Returns for Gandhar Oil Refinery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.77% | -2.82% | -6.93% | -5.87% | -6.82% | -52.70% |
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