Gandhar Oil Refinery (India) Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

The Board has approved the un-audited consolidated financial results for the quarter and nine months ended December 31, 2024. Key figures include total income of ₹29,446.60 Cr for the nine-month period, and a profit after tax of ₹712.13 Cr for the same duration. Additionally, the board sanctioned the amalgamation of wholly-owned subsidiary Gandhar Shipping & Logistics Private Limited with Gandhar Oil Refinery (India) Limited, subject to regulatory approvals. The Board also approved the allotment of 9,708 equity shares following the exercise of Employee Stock Options, resulting in aggregate funds of ₹0.163 Cr raised.