Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Chairman||Sanjay G Hinduja|
|Independent Director||M S Ramachandran|
|Independent Director||Ashok Kini|
|Independent Director||Kanchan Chitale|
|Managing Director||Ravi Chawla|
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.
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 9001:2008 and ISO 14001:2004 certification. This manufacturing facility employs process logic control systems and ensures that products manufactured meet the necessary levels of quality and consistency.
In 2015, Gulf Oil & Schwing Stetter entered into Tie-up to Market Co-Branded Lubricants for India. Gulf Oil Launches Ultrasynth X For Mid-Sized Passenger Cars.