StockWatch
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Lubricants
Shareholding10 Jun 2026, 05:31 pm

Ramesh Parekh Acquires 50,000 Gandhar Oil Shares

AI Summary

Ramesh Babulal Parekh, identified as part of the Promoter Group, has acquired 50,000 equity shares of Gandhar Oil Refinery (India) Ltd through open market transactions on June 8, 2026. This acquisition represents a 0.05% stake in the company. Following this transaction, Parekh's total shareholding in Gandhar Oil Refinery (India) Ltd has increased to 28,674,278 shares, constituting 28.67% of the total share capital. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Group member Ramesh Parekh acquired 50,000 shares.
  • Acquisition was made via open market on June 8, 2026.
  • Parekh's stake increased to 28.67% post-acquisition.
  • Transaction complies with SEBI SAST Regulations, 2011.