Company Profile

GULF OIL LUBRICANTS INDIA LTD.

NSE : GULFOILLUBBSE : 538567ISIN CODE : INE635Q01029Industry : LubricantsHouse : Hinduja
BSE712.950.15 (+0.02 % )
PREV CLOSE (Rs.) 712.80
OPEN PRICE (Rs.) 739.55
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1247
TODAY'S LOW / HIGH (Rs.)695.00 739.55
52 WK LOW / HIGH (Rs.)450 849.05
NSE713.30 -0.5 (-0.07 % )
PREV CLOSE(Rs.) 713.80
OPEN PRICE (Rs.) 716.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 18190
TODAY'S LOW / HIGH(Rs.) 709.65 724.00
52 WK LOW / HIGH (Rs.)455 850

Company News

Date Heading Details
09-Dec-2020 Gulf Oil Lubricants' parent company to acquire lubricant blending plant from Ocean Tankers <p align="justify">Gulf Oil Lubricants India's parent company -- Gulf Oil International has reached an agreement to acquire a lubricant blending plant from Ocean Tankers (PTE), Singapore, which will help it expand market share in marine lubes. The plant, which is in the Tuas region of the Island city-nation will be acquired with wharf access, storage tank farm and terminal facility as per the agreement. The facility will be acquired and continue to operate as a going concern and the agreement is subject to closing conditions. </p><p align="justify">Gulf Oil Lubricants, part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc.<br></p>
09-Dec-2020 Gulf Oil Lubricants rises as its parent company to acquire lubricant blending plant from Ocean Tankers <p align="justify">Gulf Oil Lubricants India is currently trading at Rs. 766.15, up by 2.25 points or 0.29% from its previous closing of Rs. 763.90 on the BSE.<p align="justify">The scrip opened at Rs. 767.60 and has touched a high and low of Rs. 769.15 and Rs. 762.95 respectively. So far 664 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 849.05 on 27-Feb-2020 and a 52 week low of Rs. 450.00 on 23-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 824.00 and Rs. 751.20 respectively. The current market cap of the company is Rs. 3853.04 crore.<p align="justify">The promoters holding in the company stood at 72.18%, while Institutions and Non-Institutions held 17.58% and 10.24% respectively.<p align="justify">Gulf Oil Lubricants India's parent company -- Gulf Oil International has reached an agreement to acquire a lubricant blending plant from Ocean Tankers (PTE), Singapore, which will help it expand market share in marine lubes. The plant, which is in the Tuas region of the Island city-nation will be acquired with wharf access, storage tank farm and terminal facility as per the agreement. The facility will be acquired and continue to operate as a going concern and the agreement is subject to closing conditions.<p align="justify">Gulf Oil Lubricants, part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc.</p>
03-Dec-2020 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.
13-Oct-2020 Gulf Oil Lubricants India informs about compliance report <P align=justify>In compliance with Regulation 7(3) of SEBI (Listing Obligation &amp; Disclosure Requirements) Regulations, 2015, Gulf Oil Lubricants India has informed that it enclosed the Compliance Report for the half year ended on September 30, 2020. <P align=justify>The above information is a part of company's filings submitted to BSE.
28-Sep-2020 Gulf Oil Lubricants enters into long term strategic partnership with S-Oil Corporation <p align="justify">Gulf Oil Lubricants has entered into long term strategic partnership with S-Oil Corporation, South Korea - one of the leading oil refining and lubricant manufacturing companies in Asia, to exclusively manufacture and market their entire range of lubricants under the brand - ‘S-Oil Seven' for the Indian market. The relationship which in the past has been built as key Term Partner on the base oil imports is now extended as the S-Oil lubricant products will soon be launched in India. It is the first time ever that S-Oil lubricant product is being manufactured outside of South Korea.<p align="justify">The launch of S-Oil Seven lubricants brand will further strengthen the 15 years long relationship in base oil business in India and other Asia Pacific regions with Gulf Oil.<p align="justify">Gulf Oil Lubricants, part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc.</p>
28-Sep-2020 Gulf Oil Lubricants shines on entering into long term strategic partnership with S-Oil Corporation <p align="justify">Gulf Oil Lubricants India is currently trading at Rs. 672.25, up by 35.75 points or 5.62% from its previous closing of Rs. 636.50 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 650.00 and has touched a high and low of Rs. 683.50 and Rs. 648.60 respectively. So far 1233 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 900.50 on 05-Nov-2019 and a 52 week low of Rs. 450.00 on 23-Mar-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 683.50 and Rs. 619.80 respectively. The current market cap of the company is Rs. 3289.61 crore.<br></p><p align="justify">The promoters holding in the company stood at 72.25%, while Institutions and Non-Institutions held 17.68% and 10.07% respectively.</p><p align="justify">Gulf Oil Lubricants has entered into long term strategic partnership with S-Oil Corporation, South Korea - one of the leading oil refining and lubricant manufacturing companies in Asia, to exclusively manufacture and market their entire range of lubricants under the brand - ‘S-Oil Seven' for the Indian market. The relationship which in the past has been built as key Term Partner on the base oil imports is now extended as the S-Oil lubricant products will soon be launched in India. It is the first time ever that S-Oil lubricant product is being manufactured outside of South Korea.</p><p align="justify">The launch of S-Oil Seven lubricants brand will further strengthen the 15 years long relationship in base oil business in India and other Asia Pacific regions with Gulf Oil.</p><p align="justify">Gulf Oil Lubricants, part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc.<br></p>
10-Jul-2020 Gulf Oil Lubricants India informs about disclosure <p align="justify">Gulf Oil Lubricants India has informed that the exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for Franklin Templeton Mutual Fund.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
29-Jun-2020 Gulf Oil Lubricant India informs about closure of trading window <P align=justify>Gulf Oil Lubricant India has informed that in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended and the circular issued by National Stock Exchange of lndia NSE/CML/2019/11 dated April 2, 2019, and pursuant to the Companys 'Code of Conduct to Regulate, Monitor and Report Trading By Designated Persons and their Immediate Relatives', the trading window for dealing in securities of the Company will remain closed for all Designated Persons and their Immediate Relatives with effect from July 1, 2020 and will end 48 hours after the declaration of unaudited financial results of the Company for the quarter ended June 30, 2020.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<P align=justify><BR>
29-May-2020 Gulf Oil Lubricants India informs about loss of share certificate <p align="justify">In compliance with Regulation 39(3) of SEBI (Listing Obligation &amp; Disclosure Requirements) Regulations, 2015, Gulf Oil Lubricants India has informed that it has forwarded the details of intimation received for loss of Share Certificate from the investors, Tirath Ram Sharma (Folio No: GOL0013126) and Surat Singh Yadav Ukanta Yadav ((Folio No: GOL0002750). The necessary duplicate Share Certificates shall be issued to them post submission of all the required documents to R&amp;T Agent / Company. The more details of the same as enclosed.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
27-Apr-2020 Gulf Oil Lubricants India informs about partial resumption of operations in silvassa plant <p align="justify">In furtherance to letter dated March 24, 2020, regarding temporary closure of Plant operations at Silvassa in wake of COVID-19 outbreak and lockdown, Gulf Oil Lubricants India has informed that based on the permissions received from the local Government authorities, the Company has resumed partially its plant operations at Silvassa, the UT of Dadra and Nagar Haveli (DNH) and is taking up production as per requirements primarily to supply customers in the essential categories. This permission is valid till national lockdown date of 3rd May, 2020. The Plant operations at Silvassa will be operated with minimum manpower under full compliance to the precautionary measures and in compliance with conditions and directions as mentioned in the guidelines/ orders received from respective local Government authorities regarding the COVID-19 safety precautions. The Company is also ensuring due compliances with various guidelines as applicable, being issued by the various authorities from time to time. The Company has also received the permission to operate its Chennai plant till 3rd May, 2020 but is not operating currently. The Company will start the production as per requirements after considering all aspects relating to local lockdown and other situations and in full compliance of the conditions and directions issued in this regard.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>