Business Update26 May 2026, 08:42 pm
Gandhar Oil to Purchase Land at Taloja
AI Summary
Gandhar Oil Refinery (India) Ltd's Board of Directors has approved the purchase of land at Taloja, as per Regulation 30 of the SEBI (LODR) Regulations, 2015. The board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, re-appointed internal and cost auditors, re-appointed Joint Managing Directors, appointed additional directors, approved incorporation of a wholly-owned subsidiary in South Africa, and reconstituted the Audit and Nomination and Remuneration Committees.
Key Highlights
- Gandhar Oil approves land purchase at Taloja under SEBI regulations.
- Audited financial results for FY26 approved with unmodified opinion.
- Re-appointment of internal and cost auditors for FY 2026-27.
- Re-appointment of Samir Parekh and Aslesh Parekh as Joint Managing Directors.
- Appointment of Santokhsingh Karamsingh Sandhu and Jatin Dhamani as Directors.
Price Impact
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