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Facilities & Certificates & Awards

Our company, Gandhar Oil Refinieries India Ltd., owns spacious production facilities. There are two production plants, one being situated at Taloja, Maharashtra and other at Silvassa, Gujarat. Strategical location of the two plants aids in easily delivering manufactured line in diverse locations easily without hassles. Installed with advanced technologies, the two production plants have annual production capacity of around 150,000 MT. Capacious warehousing facility enables us to deal in bulk orders. We are having in-house storage of  21,000 KL of base oil whose storage capacity is likely to be augmented in the near future to 30,000 KL. The storage capacity of finished products amounts to 2,560 KL. Spread in 27,770 square feet, our warehousing facility is a place where we sin' not keep finish but raw materials like waxes, additives etc. Systems at Gandhar Oil are in compliance with Six Sigma.

Due to unmatched quality standards, innovative production processes and research and development, we have earned numerous awards and certifications. By the Ministry of Science & Technology, Government of India, our company is being praised for in-house capacious R & D unit (at Silvassa) where all innovative work processes, researches are carried out. This unit has also received Certificate of Registration of Research Institution by reputed Department of Scientific & Industrial Research (DSIR), Government of India.

We also have warehouses with combined storage capacity of 2,560 KL for our finished products and other raw materials such as additives and waxes, which is spread across an area of 27,770 square feet.

Below listed are some more certifications which our company has earned:
  • Star Export House
  • CHEMEXCIL
  • BIS- (For making quality-tested Insulating Oils)
  • DSIR
  • GMP (Taloja Facility is GMP certified for producing light and heavy weighted Petroleum Jelly & Paraffin)
  • FDA (Approved for maintaining international quality standards, Government of Maharashtra and UT of Dadra and Nagar Haveli)
  • OHSAS 18001 (Occupational Health And Safety Management Systems)
  • ISO 14001:2004 & ISO 9000:2008 (For manufacturing quality-assured oils and lubricants such as Automotive Lubricants, Automotive Engine Lubricants)
  • Our huge range is passed through various quality tests in laboratories, including CPRI
  • & ERDA.

Corporate Social Responsibility

The focus of our company is to make community stronger by independent efforts and taking help of NGOs and the other beneficiaries.

Uplifting Education, Health Sector

With the help of promoter's trust group- Kamlaben Babulal Charity Trust, company is addressing societal issues like poverty, medical care, education and much more. Aiming to make society a better place to live in for people belonging to below poverty line, which are deprived of even three meals a day, our company is working immensely hard. Not singularly by introducing beneficial programs which addresses such cases but contributing in other existing charitable trusts, our company is striving to uplift life standards of low income group. We donate money to Hetu charitable trust for rendering food and clothes to handicapped and needy people, Vanvasi Kalyan Ashram Dadra and Nagar Haveli for building girls hostel, Prabhakar Patil Education Society that contributes by opening schools in remote places, Tata Memorial Hospital for the children ward and Vallabh Darshan Society for Medical Sciences (Skill improvement of their students).

List Of Creditors

Creditors of amounting above than Rs. 41.13 Million (1% of the consolidated trade payables) supported on the materiality policy acknowledged by IPO Committee of the enterprise on dated August 19, 2017 are as follows:

  • Bank of Baroda
  • Bank of New York
  • Caravel Carbons Limited
  • ICICI Bank
  • Karam Chand Thaper & Bros. (Coal Sales) Limited Imported Coal Division
  • Noble Resources International Pte Ltd
  • Pan Century Glonbal Exports Pvt. Ltd
  • SK Lubricants Co Ltd
  • Trafigura Pvt. Ltd - Dubai
  • Trafigura Pvt. Ltd.
  • Adani Enterprises Ltd
  • Harmony Innovation Shipping Pte Ltd
  • KCT Global Pvt. Ltd
  • Lei Shing Hong Trading Limited
  • Lei Shing Hong Trading Ltd - Dubai
  • Local Bills Payable - ICICI bank
  • Local Bills Payable Shinhan Bank
  • PNP Maritime Services Pvt Ltd.
  • State Bank of India/td
  • Tenoit Co. Ltd.

Board Of Directors

Our company is smoothly functioned by below mentioned intellectuals, who take profitable business decisions:

Names & Designations

Information

Ramesh B. Parekh ( Non-Executive Chairman) (Part of Audit Committee, Nomination And Remuneration Committee)

  • Founder & Promoter
  • 40 years of Experience in Petroleum Industry
  • Commenced business as a trader in oil industry in the year 1973
  • Formed operating company in 1972
  • Established reputed brand 'Divyol'
  • Leading producer of Petroleum Oils in India

Mr. Samir R. Parekh (Whole Time Director)

  • Graduated in Commerce
  • At present handling silvasa plant and segment of petroleum products
  • Hold expertise in production, marketing and finance

Aslesh R. Parekh (Whole Time Director )

  • Graduate degree in science
  • Post graduation in Business Administration and E-management
  • Expertise in marketing and producing lubricants & oils
  • Build relationships with companies located in other countries (100 in number at present)
  • Looks after Taloja Plant of the company
  • Actively takes part in business planning and making export strategies
  • Oversees IT & Finance department of the company

Sarthak Behuria (Independent Director) (Part of Audit Committee, Nomination And Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee)


  • Joined board of directors in 21012
  • Grad in Economics Hons. & PG in Business Analytics from Indian Institute of Management (IIM)- Ahmedabad.
  • Served as a Chairman and Managing Director of Bharat Petroleum Corporation Ltd. (From 2002 to 2005).
  • Functioned as a Chairman in Indian Oil Corporation Ltd (From 2005 to 2010)
  • Worked responsible member -President in KK Modi Group in 2010
  • After fulfilling his responsibilities as group member of KK group, he joined Adani Group for providing them strategic guidance
  • He has been an integral part of many organizations like- Chairman of Standing Conference of Public Enterprises, Representative of World LPG Gas Association & Chairman of Petroleum Federation of India.
  • Accredited with Honorary Fellowship of Energy Institute, UK.
  • Presented ' Udyog Ratna' Award by PHDCCI in 2006
  • He is been given SCOPE Award for showing Excellence and Outstandingly working to uplift Public Sector Management Individual Category in the year 2006-07.

Deena Mehta (Independent Director) (Part of Audit Committee, Nomination And Remuneration Committee)

  • Chartered Accountant by profession, she holds Masters degree in Management Studies ( Finance) and is a fellow Member of Securities and Investment Institute London
  • Worked as a Chairperson of IMC Capital Market Committee, promoter of Asit C Mehta group and Board on National Payments Corporation of India (NPCI).
  • First woman Director & President of Board of BSE
  • This remarkable lady is promoter director of Central Depository Services Ltd & South Asian Federation of Exchanges, Core Committee of Federation of Commodity Exchanges of India, Derivative Committee of SEBI, PART OF Advisory Committee on Mutual Funds of Stock Exchange, Federation of Commodity Exchanges of India & MC Ladies Wing
  • Inspiration to many, she is the first woman to direct e Bombay Stock Exchange, handling faculty on stock markets at NISM, for this she is being awarded by Women Achiever Awards by FLO Bombay Chapter & Golden Maharashtra Development Council & FICCI in 2014
  • She is also first woman who took part in the Jaycee Youth Voyage to Japan and became Trustee on board of Prempuri Ashram Trust.
  • This woman has also been Public Nominee on the Board of Director of the Bombay Commodity Exchange Ltd.
  • She has been a Member Code of Ethics Committee of SEBI, Director on Board of Bank of India (BOI), Member of MAPIN Committee of SEBI, Director on the Board of Director of Cotton Association of India & Share Holding Limited the Clearing Corporation of Stock Exchange Mumbai

Suresh Kumar Jain ( Independent Director) (Part of Audit Committee)

  • Joined company in 2017
  • Holds graduation degree in Science & done masters in Economics
  • Man of high intellect, he is a Certified Member of Indian Institute of Bankers and carries a diploma degree in Personnel Management & Labor Welfare.
  • Earlier has served as a Executive Director at Union Bank of India
  • Holds around 36 years of experience as knowledgeable banker in domestic and international markets
  • Holds expertise in Development of MSMEs, Commercial & Retail Banking, Human Resource Development, Loan Syndication, Product Marketing and Bank Management, appraisal of large Credit and Trade Finance.
  • Director on the board of Union KBC Asset Management Company
  • Associate Director of Union Asset Management Company Private Limited.
  • Recently completely French Language course from Ramakrishna Mission Institute of Culture School of Languages.

Wholly Owned Subsidiaries

Below mentioned are some of the subsidiaries of our enterprise:

Name of subsidiary company

Country of incorporation

Nature of business

Gandhar Global Singapore PTE. LTD.

Republic of Singapore

Distribution of Petroleum Oils produced by Gandhar and Trading of Oil and Coal

Gandhar Oil and Energy DMCC

Dubai- United Arab of Emirates

Trade and distribution of Specialty Oils manufactured by Gandhar and Trading of Oil and Coal

Gandhar Shipping and Logistics Private Limited

India

Logistics for transportation of Coal in India



GANDHAR OIL REFINERY INDIA LTD
18th Floor , DLH Park, S.V. Road, Goregaon West, Mumbai - 400062, Maharashtra, India
Phone :+918061857403
Fax :91-22-40635601

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