Gulf Oil Mauritius Declares No Encumbrance on Shares for FY26

Gulf Oil International (Mauritius) Inc., the promoter of gulf oil lubricants , has submitted a formal declaration to the stock exchanges and the company's audit committee confirming that no encumbrance was created on its shareholding during the financial year ended March 31, 2026. The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration, dated April 2, 2026, was addressed to BSE Limited, National Stock Exchange of India Limited, and the Audit Committee of Gulf Oil Lubricants India Limited. It explicitly states that during the specified financial year, no encumbrance, either directly or indirectly, was made or created on the shares of Gulf Oil Lubricants India Limited held by Gulf Oil International (Mauritius) Inc.

Key Details of the Declaration

Particular	Details
Promoter Entity	Gulf Oil International (Mauritius) Inc.
Target Company	Gulf Oil Lubricants India Limited
Financial Year	FY26 (ended March 31, 2026)
Declaration Date	April 2, 2026
Regulatory Reference	Regulation 31(4) of SEBI (SAST) Regulations, 2011
Authorized Signatory	Camille Nehme

The Mauritius-based promoter entity operates from Ebene House, Hotel Avenue, 33 Cybercity, Ebene, 72201, Mauritius. The declaration was signed by Camille Nehme as the authorized signatory, requesting the exchanges and the audit committee to take the disclosure on record.

This regulatory filing provides assurance to shareholders and market participants regarding the unencumbered status of the promoter's shareholding in Gulf Oil Lubricants India Limited for the reported financial period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.26%	+1.87%	+11.41%	-19.84%	-21.10%	+41.29%

Gulf Oil Lubricants India Limited has completed the allotment of 1,07,807 equity shares under its Employee Stock Option Scheme 2015, following approval from the Stakeholders' Relationship Committee on April 13, 2026. The shares were issued to eligible employees who exercised their stock options granted under the company's ESOP scheme.

Share Allotment Details

The allotment comprises equity shares with a face value of ₹ 2.00 each, fully paid-up, issued to employees who exercised their options under the Gulf Oil Lubricants India Limited Employee Stock Option Scheme 2015. The newly issued shares carry the same rights and privileges as existing equity shares of the company.

Parameter	Details
Number of Shares Allotted	1,07,807 Equity Shares
Face Value per Share	₹ 2.00
Date of Allotment	April 13, 2026
Exercise Price Option 1	₹ 349.93
Exercise Price Option 2	₹ 428.155
Premium Option 1	₹ 347.93
Premium Option 2	₹ 426.155

Impact on Share Capital

Following this allotment, the company's issued and paid-up equity share capital has increased by ₹ 2,15,614. The total issued and paid-up equity share capital now stands at ₹ 9,90,15,762, consisting of 4,95,07,881 equity shares of ₹ 2.00 each.

Capital Structure	Amount/Number
Capital Increase	₹ 2,15,614
Total Issued Share Capital	₹ 9,90,15,762
Total Number of Shares	4,95,07,881
Distinctive Numbers	50816742 - 50924548

Regulatory Compliance

The allotment was conducted pursuant to the 'In Principal' approval received from BSE Limited and National Stock Exchange of India Limited dated June 6, 2016 and June 9, 2016 respectively. The company has filed the necessary details with both exchanges, with BSE filing number 36792 and NSE filing number 9101. The shares are issued in dematerialized form under ISIN number INE635Q01029.

Share Characteristics

The newly allotted shares are identical in all respects to the existing equity shares of the company and rank pari-passu with them. There are no lock-in restrictions on these shares, and no listing fees are payable for this allotment. The shares will be traded on both BSE Limited and National Stock Exchange of India Limited where the company's equity shares are currently listed.