Societe Generale bought 8,53,281 shares of Gandhar Oil Refinery for ₹24.66 Cr at ₹288.97 apiece in a bulk deal.
A leading manufacturer of white oils, Gandhar Oil Limited serves the consumer and healthcare industries with specialized lubricant products. Incorporated in 1992, the company focuses on producing high-quality white oils tailored for pharmaceutical, cosmetic, and industrial applications. Its deep expertise in manufacturing white oils for niche segments and commitment to quality make it a distinctive player in India's lubricants sector.
French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.