Board to consider Dividend
Gulf Oil Corporation Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2013, inter alia, to consider the Audited Annual Accounts for the year ended March 31, 2013 and Financial Results for the quarter ended March 31, 2013 and to recommend Dividend, if any, for the year 2012-13. Accident at Hyderabad Factory
Gulf Oil Corporation Ltd has informed BSE about as follows:There was an explosion in the Finishing Section of the Detonating Cord Plant at Hyderabad Factory on April 25, during the 2nd shift at around 7.09 pm. The explosion caused a cave in of the roof in the Finishing Section and some damages in the spinning and packing sections. The cave in of the roof in the Finishing Section resulted in the unfortunate death of 2 workmen.... Order of the Competition Appellate Tribunal on the Order Competition Commission of India
With reference to the earlier announcement dated April 20, 2012 regarding the Company had appealed to the Competition Appellate Tribunal (COMPAT) against the order of the Competition Commission of India (CCI), Gulf Oil Corporation Ltd has now informed BSE that the COMPAT has issued a final order in the Appeal on April 18, 2013 and decided reduction of the penalty to 10% (Rs. 2.89 crores) as against the penalty of Rs. 28.95 crores imposed by the CCI.... Ratings Reaffirmed / Assigned
Gulf Oil Corporation Ltd has informed BSE that ICRA Limited has assigned / reaffirmed the following ratings to the various Loans / Facilities of the Company, as under:Loan / Facility - Term LoansAmount - Rs 100 CroreRating Action - [ICRA]BBB Stable Reaffirmed; rating watch removed*Loan / Facility - Fund Based Working Capital Limits... Updates on Leased Land at Hyderabad
Gulf Oil Corporation Ltd has informed BSE that in the matter of leased land at Hyderabad, the Hon'ble High Court of Andhra Pradesh has while disposing of the Writ Petition filed by the Company against the Tribunal's Order of September 17, 2011, observed vide its Order dated March 07, 2013 under:"...it would be just and proper to permit the petitioner to make an appropriate representation to the Executive Officer of the respondent mutt, who... Disclosure of Voting results of Postal Ballot (Clause 35A)
Gulf Oil Corporation Ltd has informed BSE regarding the details of Voting results of the Postal Ballot, under Clause 35A. Results Press Release
Gulf Oil Corporation Ltd has submitted to BSE a copy of Results Press Release dated February 08, 2013 for the period ended December 31, 2012. Updates on Divestment of 100% shares In IDL Explosives Limited, a wholly owned subsidiary of the Company
With reference to the earlier announcement dated February 06, 2012, regarding Divestment of 100% shares In IDL Explosives Limited, a wholly owned subsidiary of the Company, Gulf Oil Corporation Ltd has now informed BSE that the Company has not yet disposed off the shares pending further consideration of the same. Outcome of Board Meeting
Gulf Oil Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2013, has discussed about restructuring of the various businesses of the Company including demerger of the Lubricants business into a separate listed company and authorized the Committee of Directors to consider the matter in detail and make necessary recommendations. Limited Review for Dec 31, 2012
Gulf Oil Corporation Ltd has submitted to BSE a Copy of the Limited Review Report for the period ended December 31, 2012.