Gandhar Oil Refinery (India) Limited — Others, 27-12-2024: Trading Window

Gandhar Oil Refinery (India) Limited has announced the closure of its trading window for designated persons and their immediate relatives from January 1, 2025, until 48 hours after the declaration of the financial results for the quarter and nine months ended December 31, 2024. This measure aligns with the company's code of conduct to prevent insider trading. Investors may view this as a cautious approach to mitigate risks associated with potential insider information dissemination, reflecting a proactive stance in safeguarding shareholder interests. Overall, this could provide a neutral impact on market sentiment in the short term.