Gulf Oil Lubricants was initially established as Hinduja Infrastructure Limited on July 17th, 2008, as a wholly owned subsidiary of GOCL under the Companies Act, 1956. The primary aim of the company was to engage in property/infrastructure development activities. However, its name was changed to Gulf Oil Lubricants India Limited on September 12, 2013. Since then, the company has been involved in the manufacturing, marketing, and trading of automotive and non-automotive lubricants.
Following a scheme of arrangement, the Lubricants Undertaking of Gulf Oil Corporation was demerged and transferred to Gulf Oil Lubricants India Limited, effective April 1, 2014. Consequently, the equity shares held by GOCL in GOLIL were canceled, leading to our company no longer being a wholly owned subsidiary of GOCL. Subsequently, on June 12, 2014, shares of GOLIL were allotted to the shareholders of GOCL, making GOIMI the new promoter of the company.
Gulf Oil Lubricants manufactures and trades a variety of lubricants and oils for both automotive and industrial applications. Additionally, the company has diversified into automotive accessories such as filters and batteries, along with supplying lubricant handling and dispensing equipment to OEMs and private garages.
The manufacturing facility of the company, located in Silvassa, holds ISO 9001:2008 and ISO 14001:2004 certifications, ensuring adherence to quality and consistency standards. The scheme of arrangement between Gulf Oil Corporation Ltd and Gulf Oil Lubricants India Ltd was approved by the Hon'ble High Court of Andhra Pradesh on April 16, 2014, and became effective on May 31, 2014, upon filing with the Registrar of Companies at Hyderabad.
Furthermore, pursuant to the scheme, shareholders of GOCL were allotted one fully paid equity share of face value Rs 2/- each in Gulf Oil Lubricants India Ltd for every two equity shares held in GOCL. The shares were issued on June 12, 2014, to eligible shareholders whose names appeared on the Register of Members as of the Record Date, June 5, 2014.
The company's shares were listed for trading on BSE Ltd and National Stock Exchange India Ltd with effect from July 31, 2014. Subsequent to the year-end, the company's registered office was shifted from Hyderabad to Mumbai, and it entered into various tie-ups and launched new products to expand its market presence and offerings.
Following a scheme of arrangement, the Lubricants Undertaking of Gulf Oil Corporation was demerged and transferred to Gulf Oil Lubricants India Limited, effective April 1, 2014. Consequently, the equity shares held by GOCL in GOLIL were canceled, leading to our company no longer being a wholly owned subsidiary of GOCL. Subsequently, on June 12, 2014, shares of GOLIL were allotted to the shareholders of GOCL, making GOIMI the new promoter of the company.
Gulf Oil Lubricants manufactures and trades a variety of lubricants and oils for both automotive and industrial applications. Additionally, the company has diversified into automotive accessories such as filters and batteries, along with supplying lubricant handling and dispensing equipment to OEMs and private garages.
The manufacturing facility of the company, located in Silvassa, holds ISO 9001:2008 and ISO 14001:2004 certifications, ensuring adherence to quality and consistency standards. The scheme of arrangement between Gulf Oil Corporation Ltd and Gulf Oil Lubricants India Ltd was approved by the Hon'ble High Court of Andhra Pradesh on April 16, 2014, and became effective on May 31, 2014, upon filing with the Registrar of Companies at Hyderabad.
Furthermore, pursuant to the scheme, shareholders of GOCL were allotted one fully paid equity share of face value Rs 2/- each in Gulf Oil Lubricants India Ltd for every two equity shares held in GOCL. The shares were issued on June 12, 2014, to eligible shareholders whose names appeared on the Register of Members as of the Record Date, June 5, 2014.
The company's shares were listed for trading on BSE Ltd and National Stock Exchange India Ltd with effect from July 31, 2014. Subsequent to the year-end, the company's registered office was shifted from Hyderabad to Mumbai, and it entered into various tie-ups and launched new products to expand its market presence and offerings.
