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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

 This is to inform you that Stakeholders Relationship Committee today i.e. 3rd December, 2020 has allotted 74,100 Equity Shares of Rs. 2/- each fully paid-up to the grantees on exercise of the options granted to them pursuant to the Gulf Oil Lubricants India Limited- Employee Stock Option Scheme 2015. The Equity Shares rank pari- passu with existing Equity Shares of the Company. In view of the above the issued and paid up equity share capital of the Company stands increased to Rs. 10,05,81,906/- consisting 5,02,90,953 Equity Shares of Rs. 2/- each. Request you to kindly take note of the same.
03-12-2020
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Gulf Oil Lubricants India Ltd - 538567 - Sub.: Disclosure Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 Pursuant to the Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are forwarding herewith the disclosure of Related Party Transactions on a consolidated basis for half year ended 30 September 2020. Kindly request you to take the same on record.
03-12-2020
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Gulf Oil Lubricants India Ltd - 538567 - Updated Contact Details Of Authorized Officers To Determine Materiality Of An Event/ Information Under Regulation 30(5) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 In compliance with Regulation 30(5) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 please find the updated contact details of authorised officers to determine materiality of an event/information. Request you to kindly take the same on record.
19-11-2020

Accumulate Gulf Oil Lubricants; target of Rs 760: Dolat Capital Market

 Dolat Capital Market recommended accumulate rating on Gulf Oil Lubricants with a target price of Rs 760 in its research report dated November 09, 2020.
12-11-2020
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Gulf Oil Lubricants India Ltd - 538567 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

 The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SMALLCAP World Fund, Inc
12-11-2020
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Gulf Oil second-quarter net profit declines 4.59% to Rs 59.13 crore

 Hinduja group-owned lubes maker Gulf Oil reported a 4.59 per cent decline in net profit at Rs 59.13 crore for the September quarter of this fiscal. The company had posted a net profit of Rs 61.98 crore in Q2FY20, according to a Gulf Oil release on Saturday. The net sales declined 2 per cent to Rs 411.74 crore in the September quarter, as compared to Rs 421.28 crore in the July-September period of the previous fiscal. The company has recorded all round growth in July-September quarter to deliver significantly improved numbers based on initiatives to drive up volume growth across all segments and continuing cost prudence measures, Gulf Oil said in the release. "The demand conditions across many segments were showing strong revival and we are pleased to deliver a robust performance on both top line and bottom line front with highest quarterly profitability and highest EBITDA margins," said Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India Ltd. A robust supply chain and
07-11-2020
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Gulf Oil Lubricants India Ltd - 538567 - Appointment of Company Secretary and Compliance Officer

 In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and based on the recommendations of the Nomination & Remuneration Committee, the Board of Directors at their meeting held today i.e., November 6, 2020 has appointed Mrs. Shweta Gupta (ACS: 18275) as Company Secretary and Compliance Officer and Key Managerial Personnel of the Company with effect from November 6, 2020. Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, her brief profile has been enclosed herewith as Annexure - I. Request you to kindly take the same on record.
06-11-2020
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of Media Release issued by the Company in respect of the Unaudited Financial (standalone) Results for the 2nd quarter and six months ended September 30, 2020. Request you to kindly take the same on record.
06-11-2020
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

 This is to inform you that today i.e. 6 November 2020 the Company has allotted 39,747 Equity Shares of Rs. 2/- each fully paid-up to the grantees on exercise of the options granted to them pursuant to the Gulf Oil Lubricants India Limited- Employee Stock Option Scheme 2015. The Equity Shares rank pari- passu with existing Equity Shares of the Company. In view of the above the issued and paid up equity share capital of the Company stands increased to Rs. 10,04,33,706/- consisting 5,02,16,853 Equity Shares of Rs. 2/- each. Request you to kindly take the same on record.
06-11-2020
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Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Change in Directorate

 Sub.: Appointment of Additional Independent Director. In compliance with Reg 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and based on the recommendations of the NRC, the Board of Directors at their meeting held today i.e., November 6, 2020 has appointed Mr. Munesh Khanna (DIN: 00202521) as an Additional Independent Director for a term of five (5) years with effect from November 6, 2020 subject to the approval of shareholders at the ensuing AGM of the Company. Further, in compliance with circular no. LIST/COMP/14/2018-19 issued by BSE Limited, we wish to confirm that Mr. Munesh Khanna has not been debarred from holding the office of Director by virtue of any SEBI order or any other authority. Also, he is not related to any Director or KMP or Promoters of the Company. Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, his brief profile has been enclosed herewith as Annexure-I. Request you to kindly take the same on record.
06-11-2020
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