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Gulf Oil Lubricants India Ltd - 538567 - Update On The Buy Back Of Equity Shares Through Tender Offer.

 This is to inform you that the Company has received the approval/final observations from the Securities and Exchange Board of India (SEBI) vide letter no. SEBI/HO/CFD/DCR1/MB/OW/10161/1 dated March 10, 2022 on the Draft Letter of Offer dated February 18, 2022. In accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended, the Company will dispatch the letter of offer to the Eligible Shareholders holding equity shares as on record date i.e. February 21, 2022. We are enclosing herewith the letter of offer dated March 11, 2022. This is for your information and records.
12-03-2022
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Gulf Oil Lubricants India Ltd - 538567 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 The Company has received intimation regarding loss of share certificates through its Registrar and Share Transfer Agent- KFin Technologies Private Limited from the enclosed shareholders. Further, subject to completion of required formalities by the shareholder(s), the Company will issue duplicate share certificate in lieu thereof and inform you accordingly.
11-03-2022
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Gulf Oil Lubricants India Ltd - 538567 - Draft Letter Of Offer Dated February 18, 2022 Pertaining To The Buy-Back Of Shares.

 The Company is undertaking a Buyback, in accordance with the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, (''Buyback Regulations''), and other applicable laws, if any. In relation to the Buyback Offer, please find enclosed herewith a copy of the Draft Letter of Offer dated February 18, 2022 . The Draft Letter of Offer will also be available on the website of the Company https://www.gulfoilindia.com/. Kindly take the same on record.
18-02-2022
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 We enclose herewith the transcript of the 'Earnings Conference Call' on the Financial Results of the Company for the quarter and nine months ended 31 December 2021, conducted on Friday, 11 February 2022 at 4.00 p.m. This information is also hosted on the Company's website at www.gulfoilindia.com. This is for your information & record.
14-02-2022
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares

 We enclose herewith: 1. Copies of Public Announcement published in Business Standard (English), Hindustan (Hindi) and Lokmat (Marathi) on February 11, 2022 and 2. Certified True Copy of Board Resolution dated February 09, 2022. Kindly take the same on record.
11-02-2022
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Gulf Oil Lubricants India Ltd - 538567 - Fixes Record Date for Buy Back of Shares

 Gulf Oil Lubricants India Ltd has informed BSE that the Company has fixed February 21, 2022 as the Record Date for the purpose of Buyback of equity shares of the Company.
11-02-2022

Gulf Oil Lubricants India makes strategic investment in e-mobility company ElectreeFi

 This is Gulf Oil India's second investment on the EV mobility value chain after its investment in the UK-based EV smart chargers manufacturer Indra Renewables in 2021.
10-02-2022
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Q3FY22 Quarterly Result Announced for Gulf Oil Lubricants India Ltd.

 Oil Marketing & Distribution company Gulf Oil Lubricants India declares Q3FY22 result: Q3 Revenues at Rs. 601.82 crores a growth of 25% YoY 9 Months Revenues at Rs. 1,552.71 crores, a growth 37% YoY Company Delivers 9 Months YTD PAT at Rs. 147.68 crores, up 5% YoY amidst very inflationary input cost and challenging supply chain scenario During the Quarter ended December 31, 2021, the Company has achieved Net Revenue of Rs. 601.82 crores and PAT of Rs.58.63 crores as against Net Revenue of Rs.481.86 crores and PAT of Rs.64.00 crores respectively in the Quarter ended December 31, 2020. During Nine Months period ended December 31, 2021, the Company has achieved Net Revenue of Rs.1,552.71 crores and PAT of Rs. 147.68 crores as against Net Revenue of Rs. 1,134.77 crores and PAT of Rs.140.30 crores respectively for the Nine Months ended December 31, 2020. Commenting on the performance, Mr. Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India Ltd., said, “Facing the many challenges in Q3, it has been quite heartening for us to deliver highest quarterly revenues ever and achieved market leading growths given the environment currently prevailing.With demand conditions continuing to improve in all B2B /OEM segments & some of the B2C segments, Our initiatives gave us good market share gains on the back of improved manufacturing sector and infrastructure sector related consumption growths.The pricing actions taken in earlier quarters fructified, leading to an excellent topline growth but as input costs impacts still persists with inflationary trend across various cost items, further fueled by continuing global supply chain disturbances, margins are yet to fully catch up to our targeted levels.Our focus on continuing with our segment focused initiatives with some help coming from stabilizing key input costs gives us the visibility of improving our performance going forward.With the covid situation improving across the country and globally with people & governments deciding to take the same in stride and move towards normalcy, we hope to see improved demand tailwinds coming in and are well set to reenergize all round growth with our strategies and passion of our team and business partners." Result PDF
10-02-2022
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Acquisition

 We inform you that the Board of Directors of the Company, at its meeting held yesterday i.e. on February 09, 2022, has approved the acquisition of the equity stake in TechPerspect Software Private Limited (TSPL). Pursuant to the above acquisition of shares, TSPL will become an Associate of the Company. In this regard, find enclosed: Details in accordance with the SEBI Circular as Annexure A and Press Release as Annexure B. Kindly take the same on record.
10-02-2022
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 We enclose herewith a copy of Media Release issued by the Company in respect of the Un-Audited Financial Results for the 3rd quarter ended December 31, 2021. Kindly take the same on record.
09-02-2022
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