| Scrip Code | 544029 |
|---|---|
| NSE Symbol | GANDHAR |
| MSEI Symbol | LISTED |
| ISIN | INE717W01049 |
| Name of company | GANDHAR OIL REFINERY (INDIA) LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 27-10-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 19-10-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | petroleum products speciality oils |
| Start date and time of board meeting | 27-10-2026 15:00:00 |
| End date and time of board meeting | 27-10-2026 17:00:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 04-02-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://gandharoil.com/wp-content/uploads/2025/03/Materiality-of-Related-Party-Transactions.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,72,992.00 | 3,32,097.00 | |
| Other income | 358.00 | 699.00 | |
| Total income | 1,73,350.00 | 3,32,796.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,43,839.00 | 2,71,457.00 |
| (b) | Purchases of stock-in-trade | 172.00 | 327.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (5,820.00) | (7,370.00) |
| (d) | Employee benefit expense | 2,651.00 | 3,486.00 |
| (e) | Finance costs | 1,076.00 | 2,067.00 |
| (f) | Depreciation, depletion and amortisation expense | 663.00 | 1,305.00 |
| (f) | Other Expenses | ||
| 1 | Consumption of Stores and Spares | 66.00 | 129.00 |
| 2 | Power and Fuel | 226.00 | 378.00 |
| 3 | Electricity Charges | 8.00 | 16.00 |
| 4 | Labour Charges | 349.00 | 600.00 |
| 5 | Water Charges | 3.00 | 5.00 |
| 6 | Security Charges | 17.00 | 34.00 |
| 7 | Repairs and Maintenance | 305.00 | 487.00 |
| 8 | Laboratory Expenses | 3.00 | 3.00 |
| 9 | Research & Development expenditure | 44.00 | 78.00 |
| 10 | Others | 5,135.00 | 11,546.00 |
| Total other expenses | 6,156.00 | 13,276.00 | |
| Total expenses | 1,48,737.00 | 2,84,548.00 | |
| 3 | Total profit before exceptional items and tax | 24,613.00 | 48,248.00 |
| 4 | Exceptional items | (2,129.00) | (2,129.00) |
| 5 | Total profit before tax | 22,484.00 | 46,119.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 5,628.00 | 11,402.00 |
| 8 | Deferred tax | 545.00 | 524.00 |
| 9 | Total tax expenses | 6,173.00 | 11,926.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 16,311.00 | 34,193.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 16,311.00 | 34,193.00 |
| 17 | Other comprehensive income net of taxes | 13.00 | (8.00) |
| 18 | Total Comprehensive Income for the period | 16,324.00 | 34,185.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,958.00 | 1,958.00 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 16.66 | 34.93 | |
| Diluted earnings (loss) per share from continuing operations | 16.66 | 34.93 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 16.66 | 34.93 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 16.66 | 34.93 | |
| 24 | Debt equity ratio | 0.0300 | 0.0300 |
| 25 | Debt service coverage ratio | 22.1500 | 23.6100 |
| 26 | Interest service coverage ratio | 21.5400 | 22.9800 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | NOTES TO THE STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2026 1 The Statement of Standalone Audited Financial Results for the quarter and half year ended September 30, 2026 have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India, read with relevant rules issued thereunder and in terms of the Securities and Exchange Board of India (Listing Obligations and Dislcosure Requirements) Regulations, 2015 as amended (‘Listing Regulations'). 2 The above unaudited standalone financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their respective meetings held on October 27, 2026. 3.The Company is primarily engaged in manufacturing and trading of of petroleum products / specialty oils. Accordingly, the company has only one reportable segment “petroleum products / specialty oils” as per IND AS 108- “Operating Segment”. 4. Exceptional items for the quarter/half year ended September 30,2026 represents provision for the Loss of stock/ contaminated stock and repair cost in the floods at Silvassa unit. The Insurance claim has not been recognised as income because the required level of certainty has not been achieved. 5.Previous quarter's/ half years's/years's figures have been regrouped/rearranged wherever necessary to confirm to those of current quarter / half year/year classification. 6.The above results are available on the Company's website (www.gandharoil.com) and also on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2026 | |
| Date of end of reporting period | 30-09-2026 | |
| Whether results are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 28,617.00 | |
| Capital work-in-progress | 3,986.00 | |
| Investment property | 787.00 | |
| Goodwill | 0.00 | |
| Other intangible assets | 41.00 | |
| Intangible assets under development | 0.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 942.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 3,293.00 | |
| Other non-current financial assets | ||
| 1 | SECURITY DEPOSIT | 330.00 |
| 2 | TERM DEPOSIT | 367.00 |
| Total of other non-current financial assets | 697.00 | |
| Total non-current financial assets | 4,932.00 | |
| Deferred tax assets (net) | 0.00 | |
| Other non-current assets | ||
| 1 | PREPAID EXPENSE | 15.00 |
| 2 | CAPITAL ADVANCES | 223.00 |
| 3 | RIGHT OF USE ASSETS | 7,619.00 |
| Total of other non-current assets | 7,857.00 | |
| Total non-current assets | 46,220.00 | |
| 2 | Current assets | |
| Inventories | 68,074.00 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 1,28,276.00 | |
| Cash and cash equivalents | 1,485.00 | |
| Bank balance other than cash and cash equivalents | 8,272.00 | |
| Loans, current | 20.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 1,480.00 | |
| Total current financial assets | 1,39,533.00 | |
| Current tax assets (net) | 0.00 | |
| Other current assets | ||
| 1 | BALANCE WITH GOVERNMENT AUTHORITY | 9,013.00 |
| 2 | ADVANCE TO SUPPLIER | 3,872.00 |
| 3 | PREPAID EXPENSE | 201.00 |
| Total of other current assets | 13,086.00 | |
| Total current assets | 2,20,693.00 | |
| 3 | Non-current assets classified as held for sale | 0.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 2,66,913.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 1,958.00 | |
| Other equity | 1,60,317.00 | |
| Total equity attributable to owners of parent | 1,62,275.00 | |
| Non controlling interest | ||
| Total equity | 1,62,275.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 0.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | ||
| 1 | LEASE LIABILITIES | 8,396.00 |
| Total of other non-current financial liabilities | 8,396.00 | |
| Total non-current financial liabilities | 8,396.00 | |
| Provisions, non-current | 503.00 | |
| Deferred tax liabilities (net) | 1,148.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| Total of other non-current liabilities | ||
| Total non-current liabilities | 10,047.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 4,442.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 1,684.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 68,388.00 | |
| Total Trade payable | 70,072.00 | |
| Other current financial liabilities | ||
| 1 | LEASE LIABILITIES | 391.00 |
| 2 | OTHERS | 9,896.00 |
| Total of other current financial liabilities | 10,287.00 | |
| Total current financial liabilities | 84,801.00 | |
| Other current liabilities | 3,482.00 | |
| 1 | Income received in advance | 0.00 |
| 2 | Contract Liabilities (Advance Payment from Customers ) | 2,681.00 |
| 3 | Statutory Liabilities | 801.00 |
| Total of other current liabilities | 3,482.00 | |
| Provisions, current | 40.00 | |
| Current tax liabilities (Net) | 6,268.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 94,591.00 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 |
| Total liabilities | 1,04,638.00 | |
| Total equity and liabilites | 2,66,913.00 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-09-2026 | 30-09-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of Defined benefit -Actuarial Gain/(Loss) | 17.00 | (11.00) |
| Total Amount of items that will not be reclassified to profit and loss | 17.00 | (11.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 4.00 | (3.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 13.00 | (8.00) |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | ||||
| B | Date of end of reporting period | 30-09-2026 | ||||
| C | Whether results are audited or unaudited | Unaudited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 46,119.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 2,067.00 | |||||
| Adjustments for decrease (increase) in inventories | (15,268.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | (64,609.00) | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | 114.00 | |||||
| Adjustments for decrease (increase) in other non-current assets | 1,057.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | 649.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | 27,720.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 1,355.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 1,305.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 48.00 | |||||
| Adjustments for provisions, non-current | (8.00) | |||||
| Adjustments for other financial liabilities, current | 8,072.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (322.00) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 0.00 | |||||
| Adjustments for share-based payments | 2.00 | |||||
| Adjustments for fair value losses (gains) | (34.00) | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | (116.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | (37,968.00) | |||||
| Net cash flows from (used in) operations | 8,151.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | (492.00) | |||||
| Income taxes paid (refund) | 5,274.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 2,385.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 0.00 | |||||
| Purchase of property, plant and equipment | 3,042.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 290.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 492.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) investing activities | (2,840.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 16.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 4,442.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | 652.00 | |||||
| Dividends paid | 1,958.00 | |||||
| Interest paid | 1,437.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 1,084.00 | |||||
| Net cash flows from (used in) financing activities | 1,495.00 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 1,040.00 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |||||
| Net increase (decrease) in cash and cash equivalents | 1,040.00 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 445.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 1,485.00 | |||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | M/S K J K & Associates | Yes | 31-07-2029 | ||
|---|---|---|---|---|---|
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Gandhar Oil Refinery India Limited | Samir Ramesh Parekh | Key management personnel / Individual having significant interest | Remuneration | 574.00 | Approved | 574.00 | 27-10-2026 | 574.00 | 0.00 | 22.00 | ||||||||||||||
| 2 | Gandhar Oil Refinery India Limited | Aslesh Ramesh Parekh | Key management personnel / Individual having significant interest | Remuneration | 574.00 | Approved | 574.00 | 27-10-2026 | 574.00 | 0.00 | 22.00 | ||||||||||||||
| 3 | Gandhar Oil Refinery India Limited | Ramesh Babulal Parekh | Key management personnel / Individual having significant interest | Remuneration | 589.00 | Approved | 589.00 | 27-10-2026 | 589.00 | 0.00 | 27.00 | ||||||||||||||
| 4 | Gandhar Oil Refinery India Limited | Indrajit Bhattacharyya | Key management personnel / Individual having significant interest | Remuneration | 26.00 | Approved | 26.00 | 27-10-2026 | 26.00 | 0.00 | 7.00 | ||||||||||||||
| 5 | Gandhar Oil Refinery India Limited | Binal Shankar Khosla | Key management personnel / Individual having significant interest | Remuneration | 11.00 | Approved | 11.00 | 27-10-2026 | 11.00 | 0.00 | 3.00 | ||||||||||||||
| 6 | Gandhar Oil Refinery India Limited | Jatin Suresh Dhamani | Key management personnel / Individual having significant interest | Remuneration | 23.00 | Approved | 23.00 | 27-10-2026 | 23.00 | 0.00 | 6.00 | ||||||||||||||
| 7 | Gandhar Oil Refinery India Limited | AMRITA DINESHCHANDRA NAUTIYAL | Key management personnel / Individual having significant interest | Any other transaction | Sitting Fees | 6.00 | Approved | 6.00 | 27-10-2026 | 6.00 | 0.00 | 0.00 | |||||||||||||
| 8 | Gandhar Oil Refinery India Limited | RAJ KISHORE SINGH | Key management personnel / Individual having significant interest | Any other transaction | Sitting Fees | 6.00 | Approved | 6.00 | 27-10-2026 | 6.00 | 0.00 | 0.00 | |||||||||||||
| 9 | Gandhar Oil Refinery India Limited | S S SANDHU | Key management personnel / Individual having significant interest | Any other transaction | Sitting Fees | 2.00 | Approved | 2.00 | 27-10-2026 | 2.00 | 0.00 | 0.00 | |||||||||||||
| 10 | Gandhar Oil Refinery India Limited | Parekh Bulk Carriers. | Enterprise owned / controlled by key management personnel, directors or relatives | Any other transaction | Freight inward/outward | 1,352.00 | Approved | 1,352.00 | 27-10-2026 | 1,352.00 | 959.00 | 911.00 | |||||||||||||
| 11 | Gandhar Oil Refinery India Limited | Ramesh Babulal Parekh | Key management personnel / Individual having significant interest | Any other transaction | RENT | 248.00 | Approved | 248.00 | 27-10-2026 | 248.00 | 0.00 | 0.00 | |||||||||||||
| 12 | Gandhar Oil Refinery India Limited | Samir Ramesh Parekh | Key management personnel / Individual having significant interest | Any other transaction | RENT | 127.00 | Approved | 127.00 | 27-10-2026 | 127.00 | 0.00 | 0.00 | |||||||||||||
| 13 | Gandhar Oil Refinery India Limited | Aslesh Ramesh Parekh | Key management personnel / Individual having significant interest | Any other transaction | RENT | 127.00 | Approved | 127.00 | 27-10-2026 | 127.00 | 0.00 | 0.00 | |||||||||||||
| 14 | Gandhar Oil Refinery India Limited | SUNITA RAMESH PAREKH | Relatives of key management personnel / Individual having significant interest | Any other transaction | RENT | 71.00 | Approved | 71.00 | 27-10-2026 | 71.00 | 0.00 | 0.00 | |||||||||||||
| 15 | Gandhar Oil Refinery India Limited | Saurabh RAMESH PAREKH | Relatives of key management personnel / Individual having significant interest | Any other transaction | RENT | 79.00 | Approved | 79.00 | 27-10-2026 | 79.00 | 0.00 | 0.00 | |||||||||||||
| 16 | Gandhar Oil Refinery India Limited | Kamlaben Babulal Charitable Trust | Others | Any other transaction | Corporate Social Responsibility | 20.00 | Approved | 20.00 | 27-10-2026 | 20.00 | 0.00 | 0.00 | |||||||||||||
| 17 | Gandhar Oil Refinery India Limited | GANDHAR Foundation | Others | Any other transaction | Corporate Social Responsibility | 216.00 | Approved | 216.00 | 27-10-2026 | 216.00 | 0.00 | 0.00 | |||||||||||||
| 18 | Gandhar Oil Refinery India Limited | Ramesh Babulal Parekh | Key management personnel / Individual having significant interest | Any other transaction | Finanace Cost | 91.00 | Approved | 91.00 | 27-10-2026 | 91.00 | 0.00 | 0.00 | |||||||||||||
| 19 | Gandhar Oil Refinery India Limited | Samir Ramesh Parekh | Key management personnel / Individual having significant interest | Any other transaction | Finanace Cost | 8.00 | Approved | 8.00 | 27-10-2026 | 8.00 | 0.00 | 0.00 | |||||||||||||
| 20 | Gandhar Oil Refinery India Limited | Aslesh Ramesh Parekh | Key management personnel / Individual having significant interest | Any other transaction | Finanace Cost | 17.00 | Approved | 17.00 | 27-10-2026 | 17.00 | 0.00 | 0.00 | |||||||||||||
| 21 | Gandhar Oil Refinery India Limited | GANDHAR COAL AND MINES PRIVATE LIMITED | Enterprise owned / controlled by key management personnel, directors or relatives | Any other transaction | Finanace Cost | 5.00 | Approved | 5.00 | 27-10-2026 | 5.00 | 0.00 | 0.00 | |||||||||||||
| 22 | Gandhar Oil Refinery India Limited | Nature Pure Wellness Private Limited | Enterprise owned / controlled by key management personnel, directors or relatives | Sale of goods or services | 21.00 | Approved | 21.00 | 27-10-2026 | 21.00 | 3.00 | 17.00 | ||||||||||||||
| 23 | Gandhar Oil Refinery India Limited | TEXOL LUBRITECH FZC | Subsidiary / Joint Venture | Sale of goods or services | 2,293.00 | Approved | 2,293.00 | 27-10-2026 | 2,293.00 | 848.00 | 2,163.00 | ||||||||||||||
| 24 | Gandhar Oil Refinery India Limited | Ghanish Energy Fze | Enterprise owned / controlled by key management personnel, directors or relatives | Sale of goods or services | 172.00 | Approved | 172.00 | 27-10-2026 | 172.00 | 24.00 | 26.00 | ||||||||||||||
| 25 | Gandhar Oil Refinery India Limited | GANDHAR LIFESCIENCES PRIVATE LIMITED | Subsidiary / Joint Venture | Sale of goods or services | 3.00 | Approved | 3.00 | 27-10-2026 | 3.00 | 9.00 | 5.00 | ||||||||||||||
| 26 | Gandhar Oil Refinery India Limited | TEXOL LUBRITECH FZC | Subsidiary / Joint Venture | Any other transaction | Freight & Insurance Collected on Sales | 187.00 | Approved | 187.00 | 27-10-2026 | 187.00 | 0.00 | 0.00 | |||||||||||||
| 27 | Gandhar Oil Refinery India Limited | GHANISH ENERGY FZE | Enterprise owned / controlled by key management personnel, directors or relatives | Any other transaction | Freight & Insurance Collected on Sales | 25.00 | Approved | 25.00 | 27-10-2026 | 25.00 | 0.00 | 0.00 | |||||||||||||
| 28 | Gandhar Oil Refinery India Limited | TEXOL LUBRITECH FZC | Subsidiary / Joint Venture | Interest received | 131.00 | Approved | 131.00 | 27-10-2026 | 131.00 | 0.00 | 0.00 | ||||||||||||||
| 29 | Gandhar Oil Refinery India Limited | GANDHAR LIFESCIENCES PRIVATE LIMITED | Subsidiary / Joint Venture | Interest received | 3.00 | Approved | 3.00 | 27-10-2026 | 3.00 | 0.00 | 0.00 | ||||||||||||||
| 30 | Gandhar Oil Refinery India Limited | TEXOL LUBRITECH FZC | Subsidiary / Joint Venture | Interest received | 134.00 | Approved | 134.00 | 27-10-2026 | 134.00 | 0.00 | 0.00 | ||||||||||||||
| 31 | Gandhar Oil Refinery India Limited | GANDHAR LIFESCIENCES PRIVATE LIMITED | Subsidiary / Joint Venture | Sale of goods or services | 1.00 | Approved | 1.00 | 27-10-2026 | 1.00 | 0.00 | 0.00 | ||||||||||||||
| 32 | Gandhar Oil Refinery India Limited | GANDHAR LIFESCIENCES PRIVATE LIMITED | Subsidiary / Joint Venture | Any other transaction | Rent Received | 20.00 | Approved | 20.00 | 27-10-2026 | 20.00 | 0.00 | 0.00 | |||||||||||||
| 33 | Gandhar Oil Refinery India Limited | Samir Ramesh Parekh | Key management personnel / Individual having significant interest | Loan | 1,600.00 | Approved | 1,600.00 | 27-10-2026 | 1,600.00 | 0.00 | 0.00 | ||||||||||||||
| 34 | Gandhar Oil Refinery India Limited | Aslesh Ramesh Parekh | Key management personnel / Individual having significant interest | Loan | 3,900.00 | Approved | 3,900.00 | 27-10-2026 | 3,900.00 | 0.00 | 0.00 | ||||||||||||||
| 35 | Gandhar Oil Refinery India Limited | Ramesh Babulal Parekh | Key management personnel / Individual having significant interest | Loan | 19,200.00 | Approved | 19,200.00 | 27-10-2026 | 19,200.00 | 0.00 | 0.00 | ||||||||||||||
| 36 | Gandhar Oil Refinery India Limited | Gandhar Coal And Mines Private Limited | Enterprise owned / controlled by key management personnel, directors or relatives | Loan | 795.00 | Approved | 795.00 | 27-10-2026 | 795.00 | 0.00 | 0.00 | ||||||||||||||
| 37 | Gandhar Oil Refinery India Limited | Samir Ramesh Parekh | Key management personnel / Individual having significant interest | Loan | 1,600.00 | Approved | 1,600.00 | 27-10-2026 | 1,600.00 | 0.00 | 0.00 | ||||||||||||||
| 38 | Gandhar Oil Refinery India Limited | Aslesh Ramesh Parekh | Key management personnel / Individual having significant interest | Loan | 3,900.00 | Approved | 3,900.00 | 27-10-2026 | 3,900.00 | 0.00 | 0.00 | ||||||||||||||
| 39 | Gandhar Oil Refinery India Limited | Ramesh Babulal Parekh | Key management personnel / Individual having significant interest | Loan | 19,246.00 | Approved | 19,246.00 | 27-10-2026 | 19,246.00 | 0.00 | 0.00 | ||||||||||||||
| 40 | Gandhar Oil Refinery India Limited | Gandhar Coal And Mines Private Limited | Enterprise owned / controlled by key management personnel, directors or relatives | Loan | 800.00 | Approved | 800.00 | 27-10-2026 | 800.00 | 0.00 | 0.00 | ||||||||||||||
| 41 | Gandhar Oil Refinery India Limited | Texol Lubritech Fzc | Subsidiary / Joint Venture | Loan | 432.00 | Approved | 432.00 | 27-10-2026 | 432.00 | 0.00 | 0.00 | ||||||||||||||
| 42 | Gandhar Oil Refinery India Limited | Texol Lubricant FZE | Subsidiary / Joint Venture | Any other transaction | Closure of Corporate Gaurantee | 11,828.00 | Approved | 11,828.00 | 27-10-2026 | 11,828.00 | 11,828.00 | 0.00 | |||||||||||||
| 43 | Gandhar Oil Refinery India Limited | GANDHAR LIFESCIENCES PRIVATE LIMITED | Subsidiary / Joint Venture | Any other transaction | LOAN GIVEN | 15.00 | Approved | 15.00 | 27-10-2026 | 15.00 | 0.00 | 0.00 | |||||||||||||
| Total value of transaction during the reporting period | 70,478.00 | ||||||||||||||||||||||||