Gulf Oil Lubricants India Ltd - GULF OIL LUBRIC. Share Price

Summary

Gulf Oil Lubricants was incorporated as Hinduja Infrastructure Limited on July 17th, 2008 as a wholly owned subsidiary of GOCL under the Companies Act, 1956. The Company was incorporated with the objective of doing property/infrastructure development business. The name of our Company was changed to Gulf Oil Lubricants India Limited on September 12, 2013. The Company is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants.As per the Scheme, the Lubricants Undertaking of Gulf Oil Corporation is demerged and transferred to and vested in Gulf Oil Lubricants India Limited on a going concern basis, with effect from April 1, 2014 (Appointed Date). The equity shares held by GOCL in GOLIL was cancelled as per the Scheme and our Company ceased to be a wholly owned subsidiary of GOCL. Pursuant to allotment of GOLIL shares to the shareholders of GOCL on June 12, 2014, GOIMI became the Promoter of the Company.Gulf Oil Lubricants manufactures and trades in a range of lubricants and oils which are used by automobiles as well as by the industrial sector. We are a supplier to several automobile manufacturers in India and our products are approved by several OEMs. We have also diversified into automotive accessories such as automotive filters, batteries as well as supplying lubricant handling and dispensing equipment to OEMs and private garages.The Companys manufacturing facility is located at Silvassa and is accredited with both ISO... Read More