Gujarat Natural Resources
93.69
-0.47(-0.50%)
Market Cap₹1,202.97 Cr
PE Ratio784.67
IndustryOil & Gas
Company Performance:
1D-0.50%
1M+5.41%
6M+39.32%
1Y+420.50%
5Y+771.53%
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More news about Gujarat Natural Resources
01Nov 25
Gujarat Natural Resources Boosts Capital with Rs 40.69 Crore Equity Allotment, Appoints New Independent Director
Gujarat Natural Resources Limited (GNRL) has allotted 2.5 crore equity shares at Rs 21.70 per share, raising Rs 40.69 crore through warrant conversion. The company's paid-up equity share capital has increased to Rs 153.40 crore. Additionally, GNRL has appointed Harsadsinh Bhurabha Rana as an Additional Independent Director for a five-year term, subject to shareholder approval. Rana brings over 25 years of experience in trading and construction.
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27Oct 25
Gujarat Natural Resources Boosts Oil Production with New Well in Kanawara Field
Gujarat Natural Resources Limited (GNRL) and its subsidiary GNRL Oil & Gas Limited (GOGL) have successfully brought their third well, K#13, into commercial production at the Kanawara field. This well is expected to increase the field's output by 70-100 barrels of oil per day (BOPD). Despite monsoon-related delays, the company is progressing with its fourth well, K#17, currently at 1,000 meters depth with a target of 1,700 meters. K#17 is anticipated to start commercial production by early November. Managing Director Shalin Shah has committed to providing ongoing updates on this initiative.
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23Sept 25
SEBI Initiates Forensic Audit of Gujarat Natural Resources Limited's Financials
SEBI has appointed a forensic auditor to examine Gujarat Natural Resources Limited's (GNRL) financial statements from FY 2020-21 to 2022-23. The audit aims to review financial information disclosure and business transactions. GNRL has committed to full cooperation with the audit process.
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22Sept 25
Gujarat Natural Resources Completes Third Well, Expands Drilling Operations
Gujarat Natural Resources Limited (GNRL) has completed its third development well, KI3, in the Kanawara field, encountering a 20-meter oil-bearing zone. The company plans hydraulic fracturing and aims to start commercial production by October 2025. GNRL will operate two drilling rigs simultaneously from October 2025, expanding operations in Kanawara and North Kathana fields. A fourth well in Kanawara is scheduled to begin drilling in early October 2025.
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18Aug 25
Gujarat Natural Resources Kicks Off Two-Well Drilling Campaign, Aims to Boost Gas Production Five-Fold
Gujarat Natural Resources Limited and its subsidiary GNRL Oil & Gas Limited have begun a two-well development drilling campaign in the North Balol gas field. The first well, NB10, has reached 312 meters of its 900-meter target depth. Current gas production is 11,000 SCMD, with expectations to increase to 60,000 SCMD after completing both wells. Commercial production is anticipated within two months of drilling commencement. GNRL Oil & Gas Limited holds a 30% participating interest in the field.
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12Aug 25
Gujarat Natural Resources Reports Q1 FY2026 Profit, Reshuffles Key Committees
Gujarat Natural Resources Limited (GNRL) announced consolidated profit of Rs 192.70 crore for Q1 FY2026. Consolidated revenue from operations was Rs 335.49 crore, with total income at Rs 673.83 crore. Standalone profit stood at Rs 40.06 lakhs. The company restructured its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, appointing Mr. Yash Bodade as Chairperson for all three. GNRL operates in the oil and gas sector with four subsidiaries.
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09Aug 25
Gujarat Natural Resources Limited Appoints Two Independent Directors and Secretarial Auditor
Gujarat Natural Resources Limited (GNRL) approved significant changes at its 34th AGM. Two new Non-Executive Independent Directors, Mr. Paragkumar Raval and Mrs. Deepti Gavali, were appointed for five-year terms. Mr. Chintan K. Patel was named Secretarial Auditor for five consecutive financial years. The AGM, conducted via video conference, also approved various resolutions including financial statements adoption and material related party transactions.
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08Aug 25
Gujarat Natural Resources Reports Drilling Progress: Two Wells in Production, Third Well Advancing
Gujarat Natural Resources Limited (GNRL) and its subsidiary GOGL have completed two wells now in commercial production, reaching 400 barrels of oil equivalent per day. Drilling has resumed on the third well, reaching 730 metres depth, with completion expected by August 20. GNRL plans to start drilling a fourth well in the Kanawara field immediately after. The company has contracted a higher-capacity rig for a 3,000-metre well in the North Kathana field, scheduled to begin in late August.
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31Jul 25
Rajasthan Gases Reduces Stake in Gujarat Natural Resources, Sells 50 Lakh Shares
Rajasthan Gases Limited has substantially reduced its shareholding in Gujarat Natural Resources Limited through an open market transaction on July 29, 2025. The company sold 50,00,000 equity shares, decreasing its stake from 5.11% to 1.21%. This transaction resulted in a 3.90% reduction in Rajasthan Gases' voting rights in Gujarat Natural Resources. The disclosure was made in compliance with SEBI regulations.
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Gujarat Natural Resources
93.69
-0.47
(-0.50%)
1 Year Returns:+420.50%
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