Gulf Oil Lubricants India has informed that the Stakeholders Relationship Committee yesterday April 29, 2022 has allotted 6,480 Equity Shares of Rs 2 each fully paid-up to the grantees on exercise of the options granted to them pursuant to the company- Employee Stock Option Scheme 2015. The Equity Shares rank 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 9,80,34,172 consisting 4,90,17,086 Equity Shares of Rs 2 each. The details as required under the SEBI (Share Based Employee Benefits) Regulations, 2014 are enclosed as Annexure-I.
The above information is a part of company’s filings submitted to BSE.