Gulf Oil Lubricants India has informed that the Stakeholders Relationship Committee on February 27, 2024 has approved allotment of 40,471 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 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 9,83,36,866 consisting of 4,91,68,433 Equity Shares of Rs 2 each. The details as required under the SEBI (Share Based Employee Benefits) Regulations, 2021 are provided in Annexure.
The above information is a part of company’s filings submitted to BSE.
