NSESpurt in Volume19 Jun 2026 · 19 Jun 2026, 10:20 am

Spurt in Volume

Gandhar Oil Refinery (India) Limited · GANDHAR

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Gandhar Oil Refinery (India) Limited reported a significant increase in its trading volume, prompting an inquiry from the National Stock Exchange (NSE). In response, the company stated that it has no undisclosed information or impending announcements that could explain the recent surge in its share price or trading activity. The company confirmed that all necessary disclosures as per SEBI regulations have been made. This indicates that the observed volume spurt is not attributable to any specific new company-related development known to management.

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Full Announcement

Significant increase in volume has been observed in Gandhar Oil Refinery (India) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Gandhar Oil Refinery (India) Limited has submitted their response.

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GANDHAROIL_19062026101852_Reply_letter.pdf

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June 19, 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 Dear Sir(s)/Madam(s), Subject: Clarification on increase in volume of security across exchanges sought by NSE Ref: NSE/CM/Surveillance/17122 dated June 18, 2026 We refer to your letter bearing Ref. No.: NSE/CM/Surveillance/17122 dated June 18, 2026 seeking clarification regarding increase in the trading volume of the Company’s securities across Exchanges, in the recent past. In this connection, we wish to inform you that at present, there is no information/announcement (including impending announcement) to be made by the Company which, in our opinion, may have a bearing on the price/volume behaviour in the Company’s scrip. The Company has made all necessary disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and there is no material information or event that, is undisclosed and which if disclosed, in our opinion, would have a bearing on the price/volume behavior in the Equity scrip of the Company. We believe that the increase in the trading volume of the Company’s shares is purely market driven and attributable to prevailing market conditions. Hence, we are unable to comment on the significant increase in the volume of the Company’s securities across Exchanges in the recent past. We trust the above clarifies the matter. Please feel free to contact us for any further information or clarification. Thanking you. Yours Faithfully, For Gandhar Oil Refinery (India) Ltd Binal Khosla Company Secretary & Compliance Officer Mem. No.: A29802