StockWatch
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Lubricants
Shareholding18 Jun 2026, 11:54 am

Ramesh Parekh Acquires 50,000 Gandhar Oil Shares

AI Summary

Ramesh Babulal Parekh, a promoter and director of Gandhar Oil Refinery (India) Ltd, has acquired 50,000 equity shares through open market transactions on June 16, 2026. This acquisition represents a 0.05% stake in the company. Following the purchase, Parekh's total shareholding in Gandhar Oil Refinery (India) Ltd increased from 28.69% to 28.74%. The transaction was disclosed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Key Highlights

  • Promoter Ramesh Parekh acquired 50,000 shares of Gandhar Oil.
  • Acquisition was made via open market on June 16, 2026.
  • Parekh's stake increased from 28.69% to 28.74%.
  • Transaction falls under SEBI SAST Regulations, 2011.