Gandhar Oil Refinery declares interim dividend, appoints new director, and schedules AGM
Gandhar Oil Refinery's Board approved Q1 FY27 results and declared an interim dividend of ₹2 per share. The 34th AGM is scheduled for September 11, 2026. Mr. Shyam Chandrabhan Agrawal was appointed as an Additional Non-Executive Independent Director for five years and Chairman of the Risk Management Committee.
The interim dividend and appointment of a director are significant corporate actions that can influence investor sentiment and company governance.
The declaration of an interim dividend and the appointment of a new independent director are generally viewed positively by the market.
Gandhar Oil Refinery (India) Limited announced the outcome of its Board meeting held on July 22, 2026. The Board approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. An interim dividend of ₹2 per equity share (100% of face value) for FY 2026-27 was declared, with a record date set for July 24, 2026.
The company has scheduled its 34th Annual General Meeting (AGM) for September 11, 2026, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). CS Sandhya R. Malhotra has been appointed as Scrutinizer for the e-voting at the AGM.
Furthermore, Mr. Shyam Chandrabhan Agrawal has been appointed as an Additional Non-Executive Independent Director for a term of five years, filling the casual vacancy caused by the resignation of Mrs. Deena Asit Mehta. Mr. Agrawal has also been appointed as the Chairman of the reconstituted Risk Management Committee.
The Board also approved an alteration in the Other Object Clause of the Memorandum of Association, including a new clause for dealing in shares, stocks, securities, and various financial instruments. The Board meeting commenced at 03:30 p.m. and concluded at 04:45 p.m.
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Gandhar Oil Refinery (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Gandhar Oil Refinery (India) Limited. Read the original for the full detail.