StockWatch
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Lubricants
Property13 Aug 2026, 11:00 pm

Gandhar Oil Refinery Buys Land for ₹5.5 Cr

AI Summary

Gandhar Oil Refinery (India) Ltd has entered into a purchase agreement dated August 13, 2026, to acquire a land parcel of approximately 86.50 gunthe (8751.32 sq. mtrs) in Village Kherane Khurd, Tal. Panvel, Dist. Raigad. The acquisition is for a consideration of ₹5,50,43,998. This transaction is in continuation to a previous intimation dated May 26, 2026, and does not involve related parties or share issuance. The land is intended for the company's expansion or operational needs.

Key Highlights

  • Gandhar Oil Refinery acquires land parcel for ₹5.5 Cr.
  • Land size is approximately 8751.32 sq. mtrs.
  • Transaction is part of a previously intimated deal.
  • No related party transaction or share issuance involved.