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Gulf Oil Lubricants India informs about grant of stock options

10 Dec 2021 Evaluate

Gulf Oil Lubricants India has informed that the Board of Directors on the recommendation of Nomination and Remuneration Committee, has granted 8,66,811 fresh Options to eligible employees of the Company to be vested over a period of 4 years, in accordance with the terms and conditions of ‘Gulf Oil Lubricants India - Stock Option Scheme-2015’ (‘GOLIL-ESOP Scheme’) as approved by the shareholders of the Company.

The above information is a part of company’s filings submitted to BSE.






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