Gandhar Oil Refinery (India) logo

Gandhar Oil Refinery (India) MD, chairman, board of directors and AGM

NSE: GANDHARBSE: 544029Petroleum ProductsSmall Cap

Last close ₹293.00down ₹2.00 (0.68%)BSE ₹293.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹295.00.

52-week range of traded prices to 23 Oct 2026
₹115.00Low, 30 Mar 2026₹313.50High, 15 Oct 2026
Market cap
₹2,868 Cr1,296th largest listed
P/E
9.5
P/B
2.1
Dividend yield
0.94%
ROE
23.3%
ROCE
28.0%
Debt to equity
0.12
Volume, NSE
12,39,94952.0% delivered

Gandhar Oil Refinery (India) board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorRAMESH BABULAL PAREKHRelated to the promoter
  • Managing directorSAMIR RAMESH PAREKH
  • Managing directorASLESH RAMESHKUMAR PAREKH
  • Company Secretary and Compliance OfficerBinal Khosla

7 directors3 independent4 executive

  • RAMESH BABULAL PAREKH · Chairperson and managing directorExecutive · joined Oct 1992 · reappointed Sep 2025 · 1 listed board · 2 committee seats
  • SAMIR RAMESH PAREKH · Managing directorExecutive · joined Apr 2008 · reappointed Oct 2021 · 1 listed board
  • ASLESH RAMESHKUMAR PAREKH · Managing directorExecutive · joined Apr 2008 · reappointed Oct 2021 · 1 listed board
  • RAJ KISHORE SINGHIndependent · joined Jun 2019 · reappointed Jun 2024 · 84 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
  • AMRITA D C NAUTIYALIndependent · joined Aug 2020 · reappointed Aug 2025 · 70 months as independent · 1 listed board · 1 as independent · 6 committee seats, 3 as chair
  • JATIN SURESH DHAMANIExecutive · joined May 2026 · 1 listed board
  • SANTOKHSINGH KARAMSINGH SANDHUIndependent · joined May 2026 · 1 month as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • DEENA ASIT MEHTA, left 12 May 2026: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 May 20265 of 5 present2 independent · 11 days in between
    • 14 May 20265 of 5 present2 independent · 110 days in between
    • 23 Jan 20266 of 6 present3 independent

  • Audit Committee

    Chair AMRITA D C NAUTIYAL

    RAJ KISHORE SINGH, RAMESH BABULAL PAREKH, SANTOKHSINGH KARAMSINGH SANDHU

    • 26 May 20263 of 3 present2 independent · 11 days in between
    • 14 May 20263 of 3 present2 independent · 110 days in between
    • 23 Jan 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair RAJ KISHORE SINGH

    AMRITA D C NAUTIYAL, SANTOKHSINGH KARAMSINGH SANDHU

    • 26 May 20262 of 2 present2 independent

  • Stakeholders Relationship Committee

    Chair AMRITA D C NAUTIYAL

    RAJ KISHORE SINGH, RAMESH BABULAL PAREKH

    • 23 Jan 20263 of 3 present2 independent

  • Risk Management Committee

    RAMESH BABULAL PAREKH, ASLESH RAMESHKUMAR PAREKH

    • 23 Jan 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair RAMESH BABULAL PAREKH

    AMRITA D C NAUTIYAL, SAMIR RAMESH PAREKH

    • 26 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • KJK AssociatesPeer-review certificate valid to Jul 2026
2 earlier auditors
  • M/S K J K & AssociatesNamed in the filing for the quarter to Sep 2025
  • Kailash Chand Jain & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Gandhar Oil Refinery (India) AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Gandhar Oil Refinery (India) dividend history

Annual general meeting, 11 Sep 2026

1,29,739 shareholders on the register on 4 Sep 2026; present: 15 promoters and 20 others; votes counted by CS Sandhya R. Malhotra / M/s. Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.51%

    Turnout: all 60.37% · promoters 86.51% · institutions 53.52% · other public 0.09%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.20%

    Turnout: all 60.37% · promoters 86.51% · institutions 53.52% · other public 0.09%

  3. To appoint a Director in place of Mr. Ramesh Babulal Parekh (DIN: 01108443), who retires by rotation pursuant to Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentMoreLess
    Ordinary
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 9.33% · other public 5.20%

    Turnout: all 60.45% · promoters 86.51% · institutions 54.96% · other public 0.09%

  4. To ratify remuneration payable to the Cost Auditor appointed by board of directors for the financial year 2026-2027
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.58%

    Turnout: all 60.45% · promoters 86.51% · institutions 54.96% · other public 0.09%

  5. To consider and approve appointment of Mr. Shyam Chandrabhan Agrawal (DIN: 00541214) as an Independent Director of the Company for first term of five (5) years With effect from July 22nd, 2026 to July 21st , 2031 ( both day inclusive)MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.20%

    Turnout: all 60.45% · promoters 86.51% · institutions 54.96% · other public 0.09%

  6. To alter the other ancillary of the object clause of the Memorandum of Association of the Company:
    Special
    96.96% for3.04% against

    Against: promoters 0.00% · institutions 65.52% · other public 6.12%

    Turnout: all 60.45% · promoters 86.51% · institutions 54.96% · other public 0.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Aug 2026, 4 resolutions

1,33,405 shareholders on the register on 10 Jul 2026; votes counted by Sandhya R. Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Jatin Dhamani (DIN: 02339402) as a Whole Time Director of the Company for a term of five(5) consecutive years with effect from May 26th, 2026 up to May 25th, 2031 (both days inclusive)MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.36%

    Turnout: all 66.73% · promoters 99.98% · institutions 1.89% · other public 0.31%

  2. Appointment of Mr. Santokhsingh Karamsingh Sandhu (DIN: 02236652) as NonExecutive and Independent Director of the Company for first term of five (5) consecutive years with effect from May 26th, 2026 to May 25th,2031 (both days inclusive).MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.46%

    Turnout: all 66.73% · promoters 99.98% · institutions 1.89% · other public 0.31%

  3. Re-appointment of Mr. Samir Ramesh Parekh (DIN: 02225839) as a Vice Chairman cum Joint Managing Directorof the Company for a term of five (5) consecutive years with effect from October 01st, 2026 upto September30th, 2031 (both days inclusive)MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.47%

    Turnout: all 64.76% · promoters 97.03% · institutions 1.89% · other public 0.31%

  4. Re-appointment of Mr. Aslesh Rameshkumar Parekh (DIN: 02225795) as a Joint Managing Director of the Company for a term of five (5) consecutive years with effect from October 01st, 2026 upto September 30th, 2031 (both days inclusive).MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.36%

    Turnout: all 64.76% · promoters 97.03% · institutions 1.89% · other public 0.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 12 Aug 2025, 10 resolutions

1,44,975 shareholders on the register on 1 Aug 2025; present: 22 promoters and 19 others; votes counted by Mannish L Ghia / M/s. Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.80%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  2. To declare final dividend @ 25% i.e. Rs. 0.50/- per equity share of face value of Rs. 2/- each for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.43%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  3. To appoint a Director in place of Mr. Samir Parekh (DIN: 02225839), who retires by rotation pursuant to Section 152(6) of the Companies Act, 2013 and being eligible, seeks re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.14%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  4. To consider and approve appointment of M/s. KJK & Associates., Chartered Accountants, (FRN: 112159W) Mumbai as Statutory Auditors of the Company for the first term of five (5) consecutive years
    Ordinary
    97.57% for2.43% against

    Against: promoters 0.00% · institutions 99.93% · other public 1.38%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  5. To ratify remuneration payable to Cost Auditor appointed by Board of Directors for the financial year 2025-2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.14%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  6. To approve appointment of CS Vishal N Manseta, Practicing Company Secretary as Secretarial Auditors for a term of five (5) consecutive years and to fix remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.99%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  7. To consider and approve re-appointment of Ms. Amrita Nautiyal (DIN: 00123512) as an Independent Director of the company for a second term of five (5) consecutive years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.14%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  8. To consider and approve re-appointment of Mr. Ramesh Parekh (DIN: 01108443) as a Managing Director of the Company for a term of 5 (five) consecutive financial years
    SpecialPromoters have an interest in it
    97.56% for2.44% against

    Against: promoters 0.00% · institutions 99.94% · other public 4.98%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  9. To approve increase in borrowing power pursuant to Section 180 (1) (c) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.93%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

  10. To approve creation of security i.e. Charge/Mortgage on the moveable and immoveable properties of the Company, both present and future, in respect of borrowings pursuant to Section 180(1)(a) of the Companies Act, 2013MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.38%

    Turnout: all 66.38% · promoters 99.60% · institutions 68.37% · other public 0.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 5 Sep 2024, 5 resolutions

Present: 19 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 66.28% · promoters 99.98% · institutions 79.91% · other public 0.15%

  2. To declare a Final dividend @ ¿0.50/- (25%) per Equity share of face value of ¿2/- each, fully paid-up, for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.28% · promoters 99.98% · institutions 79.91% · other public 0.15%

  3. To appoint a Director in place of Mr. Ramesh Parekh (DIN: 01108443), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 66.28% · promoters 99.98% · institutions 79.91% · other public 0.15%

  4. Ratification of Cost Auditor Remuneration for the financial year 2024-25
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.72%

    Turnout: all 66.28% · promoters 99.98% · institutions 79.91% · other public 0.15%

  5. To re-appoint Mr. Raj Kishore Singh (DIN– 00071024) as an independent director of the company and continuation of term post attaining age of 75 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 66.28% · promoters 99.98% · institutions 79.91% · other public 0.15%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. 1 - Ratification / Amendment of Gandhar Employee Stock Option Plan 2022 (‘ESOP 2022’)
    Special
    93.78% for6.22% against

    Against: promoters 0.00% · institutions 55.85% · other public 99.27%

    Turnout: all 70.74% · promoters 100.00% · institutions 61.58% · other public 7.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 11 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    1 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Report of the Auditors thereon.
    1 for0 against
  • To appoint a Director in place of Mr. Ramesh Babulal Parekh (DIN: 01108443), who retires by rotation pursuant to Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentMoreLess
    1 for0 against
  • To ratify remuneration payable to the Cost Auditor appointed by board of directors for the financial year 2026-2027
    1 for0 against
  • To consider and approve appointment of Mr. Shyam Chandrabhan Agrawal (DIN: 00541214) as an Independent Director of the Company for first term of five (5) years With effect from July 22nd, 2026 to July 21st , 2031 ( both day inclusive)MoreLess
    1 for0 against
  • To alter the other ancillary of the object clause of the Memorandum of Association of the Company:
    1 for0 against

Mutual fund votes, meeting of 12 Aug 2025, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Auditors thereon.MoreLess
    2 for0 against
  • To declare final dividend @ 25% i.e. Rs. 0.50/- per equity share of face value of Rs. 2/- each for the financial year ended March 31, 2025
    2 for0 against
  • To appoint a Director in place of Mr. Samir Parekh (DIN: 02225839), who retires by rotation pursuant to Section 152(6) of the Companies Act, 2013 and being eligible, seeks re-appointment
    2 for0 against
  • To consider and approve appointment of M/s. KJK & Associates., Chartered Accountants, (FRN: 112159W) Mumbai as Statutory Auditors of the Company for the first term of five (5) consecutive years
    Against HDFC Mutual Fund
    • HDFC Mutual FundThe company proposes to appoint K J K & Associates as the statutory auditors. As per public sources, there appears to be a link between K J K & Associates and previous auditors. There appears to be a concern over auditor independence and objectivity. We do not support the resolution.
    1 for1 against
  • To ratify remuneration payable to Cost Auditor appointed by Board of Directors for the financial year 2025-2026
    2 for0 against
  • To approve appointment of CS Vishal N Manseta, Practicing Company Secretary as Secretarial Auditors for a term of five (5) consecutive years and to fix remuneration
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Transparency concern: Previous auditors’ remuneration not disclosed to ascertain any material change in the Audit fee.
    1 for1 against
  • To consider and approve re-appointment of Ms. Amrita Nautiyal (DIN: 00123512) as an Independent Director of the company for a second term of five (5) consecutive years
    2 for0 against
  • To consider and approve re-appointment of Mr. Ramesh Parekh (DIN: 01108443) as a Managing Director of the Company for a term of 5 (five) consecutive financial years
    Against HDFC Mutual Fund, Motilal Oswal Mutual Fund
    • HDFC Mutual FundMr. Ramesh Parekh, 71, is the Promoter, Chairperson and Managing Director of Gandhar Oil Refinery (India) Limited. He has over 40 years of experience in the petroleum and specialty oils industry. His proposed remuneration is high and not reasonable. We do not support the resolution.
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Holding combined position of Chairman & Managing Director. No cap on variable pay/ total remuneration proposed to the appointee. Same variable pay paid to all the promoter EDs. Board discretion to determine variable pay
    0 for2 against
  • To approve creation of security i.e. Charge/Mortgage on the moveable and immoveable properties of the Company, both present and future, in respect of borrowings pursuant to Section 180(1)(a) of the Companies Act, 2013MoreLess
    2 for0 against
1 proposal not matched to one resolution
  • To borrow in any manner from time to time any sum or sums of monies at its discretion, notwithstanding that the monies to be borrowed by the Company together with the monies already borrowed or to be borrowed (apart from temporary loans and other credit facilities obtained or to be obtained from the Company’s bankers in the ordinary course of its business), whether secured or unsecured, will or may exceed the aggregate of the paid up capital and free reserves that is to say, reserves not set apart for any specific purpose and securities premium, provided that the maximum amount of money so borrowed by the Board and outstanding at any one point in time shall not exceed the sum of Rs. 12,00,00,00,000/-.MoreLess
    2 for0 against
2 earlier meetings

Mutual fund votes, meeting of 5 Sep 2024, 1 fund house

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of the Auditors thereon.MoreLess
    1 for0 against
  • To declare a Final dividend @ ¿0.50/- (25%) per Equity share of face value of ¿2/- each, fully paid-up, for the financial year ended March 31, 2024.
    1 for0 against
  • To appoint a Director in place of Mr. Ramesh Parekh (DIN: 01108443), who retires by rotation and being eligible, offers himself for re-appointment.
    1 for0 against
  • Ratification of Cost Auditor Remuneration for the financial year 2024-25
    1 for0 against
  • To re-appoint Mr. Raj Kishore Singh (DIN– 00071024) as an independent director of the company and continuation of term post attaining age of 75 years
    1 for0 against

Mutual fund votes, meeting of 23 Mar 2024, 3 fund houses

  • 1 - Ratification / Amendment of Gandhar Employee Stock Option Plan 2022 (‘ESOP 2022’)
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs are being granted at a discount to market price
    2 for1 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeDy Commissioner of Customs, Gr-I&IA, (Import-II)Since 24 Feb 2025
    Disposed
    At the filing before: Pending for hearing
  • Tax disputeDy Commissioner of Customs, Gr-I&IA, (Import-II)Since 24 Feb 2025
    Disposed
    At the filing before: Pending for hearing
  • Tax disputeOffice of the Commissioner of CGST & Central Excise (Appeals) SuratSince 28 Feb 2025
    Appeal Filed
    At the filing before: Order passed and the appeal is to be filed as per the formation of tribunal
  • Tax disputeCentral GST & Central Excise, Commissionerate, SuratSince 3 Feb 2025
    Appeal Filed
    At the filing before: Pending for hearing
  • Tax disputeOffice of the Commissioner Central GST, Daman Commissionerate GST Bhavan, RCP Compound, Vapi-396 191Since 2 Sep 2025
    Pending for hearing

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A statement's amounts are left out where the company filed the same raise a power of ten apart in its other statements and the filings do not settle which is right.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Public IssuesNov 2023, checked by ICRA Limited–Investment into Texol by way of a loan for financing the repayment/prepayment of a loan––No
Public IssuesNov 2023, checked by ICRA Limited–Capital expenditure through purchase of equipment and civil work required for expansion in capacity of automotive oil at our Silvassa Plant––No
Public IssuesNov 2023, checked by ICRA Limited–Funding working capital requirements of our Company––No
Public IssuesNov 2023, checked by ICRA Limited–General corporate purposes––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.