Gandhar Oil Refinery (India) Ltd

Gandhar Oil Refinery (India) Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from Thursday, October 01, 2026, and will remain in effect until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ended September 30, 2026. The closure applies to all designated persons, connected persons, and their immediate relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal codes. The date of the board meeting to consider these results will be announced later.

Gandhar Oil Refinery (India) Ltd has received an order from the Court of the Addl. Chief Judicial Magistrate, Nashik, acquitting the company in a case filed under Sections 138 and 141 of the Negotiable Instruments Act, 1881. The complaint, filed in 2014 by Shri Saptashringi Ispat Private Limited, alleged dishonour of cheques totaling Rs. 3,00,00,000. The court acquitted the accused due to the repeated absence of the complainant and its advocate, stopping the proceedings. No financial implications or penalties have been imposed on the company.

Ramesh Babulal Parekh, Promoter and Managing Director of Gandhar Oil Refinery (India) Ltd, has acquired 31,000 equity shares of the company through open market transactions on September 8, 2026. This acquisition represents a minor increase in his shareholding, bringing his total stake to approximately 28.79%. The transaction was disclosed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The company's equity share capital remains unchanged.

Ramesh Babulal Parekh, Promoter and Managing Director of Gandhar Oil Refinery (India) Ltd, has acquired 19,000 equity shares of the company through open market transactions on September 7, 2026. This acquisition represents 0.02% of the total share capital. Following the purchase, Parekh's total holding increased to 28,76% of the company's total share capital.

Gandhar Oil Refinery (India) Ltd has entered into a purchase agreement for a land parcel measuring 3,328.54 sq. mtrs in Raigad district for ₹2,09,55,000. This acquisition is a continuation of previous intimations and pertains to a transaction initiated on May 26, 2026. The land is intended for purchase, and the transaction does not involve related parties or share issuance. This move is part of the company's ongoing business activities and property acquisition strategy.

Gandhar Oil Refinery (India) Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report details the company's corporate identity, business activities, operations, and employee data. Key business segments include manufacturing of specialty oils and lubricants, with white oil/paraffin/mineral oil contributing the largest share of turnover (53.23%). The company serves a diverse customer base across 32 states nationally and in 100 countries internationally, with exports accounting for 29.20% of total turnover. The BRSR is an integral part of the company's Annual Report.

Gandhar Oil Refinery (India) Ltd has announced its 34th Annual General Meeting (AGM) scheduled for Friday, September 11, 2026, at 11:00 A.M. IST, to be conducted via Video-Conferencing (VC) / Other Audio-Visual Means (OAVM). The company has also released its Annual Report for the Financial Year 2025-26. The report and AGM notice have been made available on the company's website and dispatched to members electronically. The register of members and share transfer book will be closed from September 4, 2026, to September 11, 2026, with September 4, 2026, set as the cut-off date for voting rights and AGM attendance. The filing also includes details on potential business expansions, including financial services and insurance intermediation.

Gandhar Oil Refinery (India) Ltd has announced its 34th Annual General Meeting (AGM) scheduled for Friday, September 11, 2026, at 11:00 AM IST, to be conducted via Video Conferencing. The company has also released its Annual Report for the Financial Year 2025-26. Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director retiring by rotation, ratification of remuneration for the Cost Auditor for FY2026-27, and the appointment of Mr. Shyam Chandrabhan Agrawal as an Independent Director. The register of members will be closed from September 4 to September 11, 2026, for the AGM.

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.

Gandhar Oil Refinery (India) Ltd has announced the resumption of operations at its manufacturing facility in Silvassa, Dadra and Nagar Haveli. The facility was previously impacted by unprecedented heavy rainfall and flood-like conditions. The company is currently assessing the extent of loss and damage, if any, and has confirmed that the incident has been intimated to its insurance company. Necessary restoration and remedial measures have been completed, and operations are being closely monitored for full normalization.