Gandhar Oil Refinery (India) Ltd

Gandhar Oil Refinery (India) Ltd has announced the closure of its trading window for dealing in securities. This closure is effective from Wednesday, July 01, 2026, and will remain in effect for 48 hours after the declaration of the un-audited financial results for the quarter ended June 30, 2026. The restriction 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 communicated separately.

Gandhar Oil Refinery (India) Ltd has responded to a BSE query regarding an unusual increase in its trading volume. The company stated that there is no undisclosed material information or impending announcement that could explain the price or volume behavior. They believe the increase is purely market-driven and attributable to prevailing market conditions. Gandhar Oil confirmed it has made all necessary disclosures as per SEBI regulations.

Gandhar Oil Refinery (India) Ltd has responded to the National Stock Exchange (NSE) regarding an unusual increase in its trading volume. The company stated that there is no undisclosed material information or impending announcement that could explain the price or volume behavior. Gandhar Oil believes the surge is purely market-driven and attributable to prevailing market conditions. They have complied with SEBI regulations and made all necessary disclosures.

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.

Ramesh Babulal Parekh, identified as a Promoter and Director, has acquired 25,738 equity shares of Gandhar Oil Refinery (India) Ltd through open market transactions on June 9, 2026. This acquisition represents a 0.02% stake in the company. Following the purchase, Parekh's total shareholding in Gandhar Oil Refinery increased from 28.67% to 28.69%. The transaction was disclosed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Gandhar Oil Refinery (India) Ltd has received a disclosure under SEBI SAST Regulations, 2011, from Mrs. Padmini Parekh, a member of the Promoter Group. The disclosure pertains to the acquisition of 70,40,000 equity shares by way of transmission from the late Mr. Kailash Parekh. This acquisition falls under the exemption provided in Regulation 10(1)(g) of the SEBI SAST Regulations, 2011, which covers acquisitions by way of transmission, succession, or inheritance. Consequently, no open offer was required, and no prior intimation under Regulation 10(5) was necessary. Mrs. Parekh's post-transaction shareholding is 8.72% of the company's total share capital.

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.

Gandhar Oil Refinery (India) Ltd has received a favorable order from the Office of the Commissioner of Customs (Imports – II), Mumbai, sanctioning a refund claim of ₹17,69,43,960. The refund pertains to the period 2017-18 and was filed under Section 27 of the Customs Act, 1962. The order is expected to augment the company's working capital.

Gandhar Oil Refinery (India) Ltd announced its FY26 results, reporting a 9% increase in consolidated manufacturing sales volumes to 5,45,755 KL. Revenue for FY26 stood at ₹4,241.2 Cr, up from ₹3,896.9 Cr in FY25. EBITDA for FY26 increased to ₹234.5 Cr, and PAT rose by 64% to ₹137.2 Cr. In Q4FY26, revenue was ₹1,093.4 Cr, EBITDA was ₹63.6 Cr, and PAT reached ₹37.0 Cr, driven by strong domestic demand and a focus on higher-margin PHPO products.

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.