Gulf Oil Lubricants India (GULFOILLUB) — Corporate Action

📢 Key Event
Allotment of 38,751 employee stock options shares approved

🔄 What Changed
Paid-up capital increased by ₹77,502 to ₹9,91,11,052

💡 Investor Takeaway
Employee stock options were exercised, adding 38,751 shares and slightly diluting existing shareholders' ownership.

Gulf Oil Lubricants India approved the allotment of 38,751 equity shares of ₹2 each to eligible employees under its 2015 stock option scheme, increasing the paid-up capital by ₹77,502 to ₹9,91,11,052 across 4,95,55,526 shares, with shares fully paid-up and pari-passu with existing shares.

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About Gulf Oil Lubricants India Limited (GULFOILLUB)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹4,664.88 Cr P/E: 13.1

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🔥 Also filed on 14 July 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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