Gulf Oil Lubricants India has informed that the Stakeholders Relationship Committee on January 3, 2024 has approved allotment of 6,187 Equity Shares of Rs 2 each fully paid-up to the eligible grantee(s) 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. 9,81,57,776 consisting of 4,90,78,888 Equity Shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.