Gulf Oil Lubricants has accepted the resignation of Ashish Pandey from the roles of Company Secretary, Compliance Officer, and Head – Legal, effective September 16, 2026. The company disclosed the exit in a filing with stock exchanges on the same day.

Manish Kumar Gangwal, Whole-Time Director and CFO, confirmed that Pandey tendered his resignation to pursue a better career opportunity outside the organization. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Resignation Details

Pandey submitted his resignation letter on September 15, 2026, requesting relief from services at the close of business hours on September 16, 2026. In his letter, he thanked the Board of Directors, including Managing Director and CEO Ravi Chawla, for their guidance and support during his tenure.

The company noted that Pandey’s cessation is due to resignation and not removal or disqualification. No further details regarding his successor were provided in the filing.

Gulf Oil Lubricants has released the voting results for its 18th Annual General Meeting held on September 11, 2026. All five proposed resolutions were approved by shareholders with near-unanimous support.

The company disclosed the results on September 12, 2026, confirming that the scrutinizer's report validated the outcome of both remote e-voting and venue e-voting conducted via Video Conferencing/Other Audio-Visual Means.

Voting Results Overview

Shareholders voted on four ordinary business items and one special business item. The promoter group, holding 33,100,725 shares, cast all its votes in favor of every resolution. Public institutional and non-institutional shareholders also showed strong backing.

Key Resolutions Approved

The ordinary business items included the adoption of audited standalone and consolidated financial statements for FY26, along with the declaration of a final dividend on equity shares for the fiscal year ended March 31, 2026.

Shareholders also approved the re-appointment of Mr. Shom Ashok Hinduja as a Non-Executive Director liable to retire by rotation. As special business, the ratification of remuneration for Cost Auditors Dhananjay V. Joshi & Associates for FY27 was passed.

Participation and Governance

Remote e-voting ran from September 7 to September 10, 2026. Venue e-voting was available during the AGM for members who had not voted remotely. The total number of shares eligible to vote was 49,555,526.

Mr. Virendra G. Bhatt served as the scrutinizer for the e-voting process. The results have been submitted to BSE Limited and National Stock Exchange of India Limited.