Agreements

September 04, 2026 Listing Compliance Department Listing & Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Mumbai – 400001 Plot No. C/1, “G” Block BSE Scrip Code: 544029 Bandra-Kurla Complex Bandra (E), Mumbai – 400 051 Symbol: GANDHAR Subject: Intimation in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, This is in continuation to our intimation dated 26th May, 2026, 13th August 2026 and pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Company has entered into the purchase agreement dated September 4, 2026 and completed partial transaction for purchase of a land parcel admeasuring 32.90 gunthas i.e. equivalent to sq. mtrs 3,328.54 or thereabouts as per the 7/12 extract land bearing Survey No.147 of Village Kherane Khurd, Tal. Panvel, Dist. Raigad which forms part of the transaction as intimated on 26th May, 2026. The disclosure as required under Schedule III of the Listing Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is attached herewith and marked as Annexure I to this letter. Thanking you. Yours Faithfully, For Gandhar Oil Refinery (India) Ltd Binal Khosla Company Secretary and Compliance Officer Mem. No.: A29802 Encl: As above Annexure I Disclosure pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026. S. N. Items for Disclosure Description 1. Name(s) of parties with whom the agreement is Mr. Shanivar Gotiram Patil, Phoshinath Gotiram Patil, Pranit entered Gotiram Patil & Akshay Madhukar Patil and Gandhar Oil Refinery (India) Limited 2. Purpose of entering into the agreement Purchase of land 3. Size of agreement Purchase of Immovable properties comprising of plot size of approx. 32.90 gunthas i.e. equivalent to 3,328.54 sq. mtrs for consideration of Rs. 2,09,55,000/- (Rupees Two Crores Nine Lakhs Fifty Five Thousand Only) 4. Shareholding, if any, in the entity with whom the Nil Agreement is executed. 5. Significant terms of the agreement (in brief) special Not Applicable rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc. 6. Whether, the said parties are related to None of the sellers belong to the promoter/promoter group/group promoter/promoter group/ group companies in any companies. manner. If yes, nature of relationship; 7. Whether the transaction would fall within related party This transaction does not fall within the ambit of related party transactions? If yes, whether the same is done at transactions “arm’s length” 8. In case of issuance of shares to the parties, details of Not applicable as no share is issued for the transaction. issue price, class of shares issued 9. In case of loan agreements, details of lender/borrower, Not Applicable nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis; 10. Any other disclosures related to such agreements, viz., Not Applicable details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.; 11. In case of termination or amendment of agreement, Not Applicable listed entity shall disclose additional details to the stock exchange(s): i. name of parties to the agreement; ii. nature of the agreement; iii. date of execution of the agreement; iv. details of amendment and impact thereof or reasons of termination and impact thereof.