Company Profile

GULF OIL LUBRICANTS INDIA LTD.

NSE : GULFOILLUBBSE : 538567ISIN CODE : INE635Q01029Industry : LubricantsHouse : MNC
BSE679.75-15.05 (-2.17 % )
PREV CLOSE (Rs.) 694.80
OPEN PRICE (Rs.) 682.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1491
TODAY'S LOW / HIGH (Rs.)674.70 706.35
52 WK LOW / HIGH (Rs.)450 909
NSE679.65 -12.5 (-1.81 % )
PREV CLOSE(Rs.) 692.15
OPEN PRICE (Rs.) 696.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 679.65 (30 )
VOLUME 36241
TODAY'S LOW / HIGH(Rs.) 670.00 709.00
52 WK LOW / HIGH (Rs.)455 909.95

Company News

Date Heading Details
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>
26-Feb-2020 Announcement under Regulation 30 (LODR)-Cessation Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, and other applicable provisions, we hereby inform that Mr. M.S.Ramachandran, (DIN: 00943629) ceases to be Director of the Company effective from 26th February 2020 on completion of his second term as an Independent Director.
19-Feb-2020 Gulf Oil Lubricants partners with Pitstop <p align="justify">Gulf Oil Lubricants and doorstep car service &amp; repair services provider Pitstop have signed a strategic partnership for offering the facility in Mumbai, Pune and Gurugram. After a successful pilot in Bangalore, the facility is being extended to other cities, intended to cater to the growing demand for such services.<br></p><p align="justify">Under the partnership, over 1,500 service fleet is planned to be deployed over the next year in these cities to ensure the last mile service under the entrepreneurship model to unlock new business potential for the mechanics in each city. With this service, the brands aim to cater to housing societies, hotels, hospitals, malls and industries at their doorstep with one tap on a mobile app called Pitstop.</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>
19-Feb-2020 Gulf Oil Lubricants gains on partnering with Pitstop <p align="justify">Gulf Oil Lubricants is currently trading at Rs. 745.00, up by 1.95 points or 0.26% from its previous closing of Rs. 743.05 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 747.25 and has touched a high and low of Rs. 747.25 and Rs. 742.10 respectively. So far 40 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. 909.00 on 06-Jun-2019 and a 52 week low of Rs. 674.90 on 29-Jul-2019.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 800.00 and Rs. 742.10 respectively. The current market cap of the company is Rs. 3730.37 crore.<br></p><p align="justify">The promoters holding in the company stood at 72.29%, while Institutions and Non-Institutions held 17.14% and 10.57% respectively.<br></p><p align="justify">Gulf Oil Lubricants and doorstep car service &amp; repair services provider Pitstop have signed a strategic partnership for offering the facility in Mumbai, Pune and Gurugram. </p><p align="justify">After a successful pilot in Bangalore, the facility is being extended to other cities, intended to cater to the growing demand for such services.<br></p><p align="justify">Under the partnership, over 1,500 service fleet is planned to be deployed over the next year in these cities to ensure the last mile service under the entrepreneurship model to unlock new business potential for the mechanics in each city. With this service, the brands aim to cater to housing societies, hotels, hospitals, malls and industries at their doorstep with one tap on a mobile app called Pitstop.<br></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>
31-Jan-2020 Gulf Oil Lubricant India informs about board meeting <P align=justify>Gulf Oil Lubricant India&nbsp;has informed that the meeting of the Board of Directors of the Company is scheduled on 11/02/2020, to consider and approve the unaudited financial results of the Company for the third quarter and nine months ended December 31, 2019 and to consider the declaration of interim dividend for FY2019-20, if any and to decide the record date thereon. Further, pursuant to the intimation to the Stock Exchanges pertaining to the closure of the trading window effective from January 1, 2020 for dealing in the securities of the Company for Designated Persons and their immediate relatives as defined in the Code, the closure period shall end 48 hours after the third quarter unaudited financial results are made public on February 11, 2020.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<P align=justify><BR>
15-Jan-2020 Gulf Oil Lubricants India informs about confirmation certificate <p align="justify">Gulf Oil Lubricants India has informed that in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, the Company enclosed confirmation certificate received from KFin Technologies, Registrar and Share Transfer Agent (RTA) for the quarter ended December 31, 2019.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
07-Jan-2020 Gulf Oil renews strategic partnership with Bajaj Auto <p align="justify">Gulf Oil Lubricants India (Gulf Oil) has renewed its strategic partnership with Bajaj Auto for three years. The agreement has been extended to manufacture exclusive, Bajaj Genuine Engine oils for Bajaj two-wheelers. Gulf Oil is already supplying lubricants for Bajaj Auto's international markets across more than 20 countries.</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>
07-Jan-2020 Gulf Oil surges on renewing strategic partnership with Bajaj Auto <p align="justify">Gulf Oil Lubricants India is currently trading at Rs. 829.00, up by 4.45 points or 0.54% from its previous closing of Rs. 824.55 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 825.00 and has touched a high and low of Rs. 829.00 and Rs. 825.00 respectively. <br></p><p align="justify">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 909.00 on 06-Jun-2019 and a 52 week low of Rs. 674.90 on 29-Jul-2019.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 839.00 and Rs. 795.65 respectively. The current market cap of the company is Rs. 4116.03 crore.<br></p><p align="justify">The promoters holding in the company stood at 72.32%, while Institutions and Non-Institutions held 16.69% and 10.99% respectively.<br></p><p align="justify">Gulf Oil Lubricants India (Gulf Oil) has renewed its strategic partnership with Bajaj Auto for three years. The agreement has been extended to manufacture exclusive, Bajaj Genuine Engine oils for Bajaj two-wheelers. Gulf Oil is already supplying lubricants for Bajaj Auto's international markets across more than 20 countries.</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.</p><p align="justify"><br></p>
21-Dec-2019 Gulf Oil Lubricants India informs about closure of trading window <p align="justify">Gulf Oil Lubricants 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 Limited NSE/CML/2019/11 dated April 2, 2019, and pursuant to the Company's ‘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 January 1, 2020 and will end 48 hours after the declaration of unaudited financial results of the Company for the quarter ending on December 31, 2019.<p align="justify">The above information is a part of company's filings submitted to BSE.<p align="justify">&nbsp;</p>