Gulf Oil Lubricants India has informed that the Stakeholders Relationship Committee on August 26, 2024 has approved the allotment of 38,241 Equity Shares of Rs. 2/- each fully paid-up to the eligible grantee(s) on exercise of the options granted to them under Gulf Oil Lubricants India - 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. 9,84,81,602/- consisting of 4,92,40,801 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.
