Gandhar Oil Refinery (India) Legal & Regulatory
Gandhar Oil Refinery received a court order acquitting the company in a 2014 litigation matter. The case closure imposes no monetary liability on the company.
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Gandhar Oil Refinery received a court order acquitting the company in a 2014 litigation matter. The case closure imposes no monetary liability on the company.
Gandhar Oil Refinery (India) Limited held its 34th Annual General Meeting on September 11, 2026. The meeting covered routine business, director appointments, and Memorandum of Association amendments.
Promoter Ramesh Parekh bought 19,000 Gandhar Oil Refinery shares on NSE/BSE open market, raising his stake from 28.74% to 28.76%.
Promoter Ramesh Babulal Parekh acquired 50,000 equity shares via open market purchases for ₹1.33 Crore, increasing his stake by 0.05%.
Gandhar Oil Refinery (India) Ltd has completed a partial land acquisition in Panvel for ₹2.10 Crore, following its previous intimations regarding this property purchase.
CRISIL assigned a 'CRISIL A+' rating with a stable outlook for long-term bank facilities and 'CRISIL A1' for short-term facilities totalling ₹300 Crore.
Gandhar Oil reported record profitability in Q1 FY27, driven by strategic inventory sourcing and exceptionally high spreads despite geopolitical disruptions.
Gandhar Oil reported a record-breaking Q1 FY27 with 92% YoY revenue growth and 688% PAT growth. Performance was driven by exceptional inventory management and higher price realizations amid geopolitical disruptions.
Gandhar Oil reported its strongest ever quarter in Q1FY27, with net profit crossing ₹200Cr. Performance was driven by robust revenue growth (+92% YoY) and significant gross margin spread expansion (+3.4x YoY).