Gulf Oil Lubricants India Shareholders Approve Manish Kumar Gangwal's Appointment as Director and Whole-Time Director

2 min read Updated on 09 Feb 2026, 07:24 PM

Reviewed by

Suketu GScanX News Team

Overview

Gulf Oil Lubricants India Limited successfully completed its postal ballot process with shareholders approving two key resolutions for Manish Kumar Gangwal's appointment as Director and Whole-Time Director. The voting achieved overwhelming support of 99.11% and 99.79% respectively across all shareholder categories, with the process conducted in full compliance with SEBI regulations and MCA guidelines.

*this image is generated using AI for illustrative purposes only.

Gulf Oil Lubricants India Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving two key resolutions related to the appointment of Mr. Manish Kumar Gangwal (DIN: 00255201). The company announced the voting results on February 9, 2026, following the completion of remote e-voting that concluded on February 7, 2026.

Postal Ballot Process and Timeline

The remote e-voting process commenced on Friday, January 9, 2026, at 9:00 a.m. (IST) and concluded on Saturday, February 7, 2026, at 5:00 p.m. (IST). The record date for determining eligible shareholders was set as January 2, 2026, with a total of 79,890 shareholders registered on this date. Mr. Virendra G. Bhatt, Practicing Company Secretary (M. No. 1157, CP No. 124), served as the scrutinizer for the postal ballot process.

Resolution Details and Voting Results

Shareholders voted on two ordinary resolutions, both receiving strong support across all shareholder categories:

Resolution Details:	Description
Resolution 1:	Appointment of Mr. Manish Kumar Gangwal as Director (liable to retire by rotation)
Resolution 2:	Appointment as Whole-Time Director in addition to current CFO role
Total Shares:	49,319,623
Record Date:	January 2, 2026
Voting Period:	January 9 - February 7, 2026

First Resolution Voting Breakdown

The first resolution regarding Mr. Gangwal's appointment as Director received comprehensive support:

Category:	Shares Held	Votes Polled	% Polled	Votes in Favour	% in Favour
Promoter Group:	33,100,725	33,100,725	100.00%	33,100,725	100.00%
Public Institutions:	7,593,937	7,157,901	94.26%	6,798,692	94.98%
Public Non-Institutions:	8,624,961	443,817	5.15%	438,740	98.86%
Total:	49,319,623	40,702,443	82.53%	40,338,157	99.11%

Second Resolution Voting Results

The second resolution for Mr. Gangwal's appointment as Whole-Time Director achieved even stronger support:

Category:	Shares Held	Votes Polled	% Polled	Votes in Favour	% in Favour
Promoter Group:	33,100,725	33,100,725	100.00%	33,100,725	100.00%
Public Institutions:	7,593,937	7,157,901	94.26%	7,079,317	98.90%
Public Non-Institutions:	8,624,961	443,977	5.15%	438,625	98.79%
Total:	49,319,623	40,702,603	82.53%	40,618,667	99.79%

Regulatory Compliance and Documentation

The postal ballot was conducted in compliance with Regulation 44 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The process followed all applicable MCA circulars and SEBI guidelines for remote e-voting. National Securities Depository Limited (NSDL) provided the e-voting platform, ensuring secure and transparent voting procedures.

The voting results and scrutinizer's report are available on the company's website at https://india.gulfoilltd.com/investors/postal-ballot-notice and on NSDL's e-voting portal at https://www.evoting.nsdl.com/ . Both resolutions were deemed passed on February 7, 2026, with the requisite majority approval from shareholders. The company has formally communicated these results to BSE Limited (Scrip Code: 538567) and National Stock Exchange of India Limited (Scrip symbol: GULFOILLUB) through their respective listing platforms.

Historical Stock Returns for Gulf Oil Lubricants

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.86%	-4.80%	-13.98%	-25.65%	-19.42%	+30.57%

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Gulf Oil Lubricants Schedules Board Meeting and Earnings Call for Q3FY26 Results

2 min read Updated on 06 Feb 2026, 03:46 PM

Reviewed by

Riya DScanX News Team

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Overview

Gulf Oil Lubricants India Limited has announced key corporate events including a board meeting on February 9, 2026, to approve Q3FY26 unaudited financial results and consider interim dividend declaration, followed by an earnings conference call on February 13, 2026, with analysts and institutional investors to discuss the quarterly performance and business operations.

*this image is generated using AI for illustrative purposes only.

Gulf Oil Lubricants India Limited has formally notified the stock exchanges about an upcoming board meeting scheduled to review its quarterly financial performance and consider shareholder returns. The company has also announced an earnings conference call with analysts and institutional investors to discuss the financial results. These meetings represent significant corporate governance milestones as the company prepares to disclose its third-quarter performance.

Board Meeting Details

The company's Board of Directors will convene on Monday, February 9, 2026, to address key financial and strategic matters. The meeting agenda encompasses two primary objectives that directly impact stakeholder interests.

Parameter:	Details
Meeting Date:	Monday, February 9, 2026
Primary Purpose:	Approve Q3FY26 unaudited financial results
Secondary Purpose:	Consider interim dividend declaration
Results Period:	Third quarter and nine months ended December 31, 2025
Financial Year:	Ending March 31, 2026

Earnings Conference Call Announcement

Following the board meeting, Gulf Oil Lubricants India Limited has scheduled an earnings conference call with analysts and institutional investors. The call will be conducted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter:	Details
Conference Call Date:	Friday, February 13, 2026
Time:	03:30 p.m. (IST)
Participants:	Several Analysts/Institutional Investors
Purpose:	Discuss Q3FY26 unaudited financial results and business operations
Company Representatives:	Mr. Ravi Chawla (Managing Director & CEO), Mr. Manish Gangwal (Whole-Time Director & CFO)

Financial Results Review

The board will consider and approve the unaudited financial results for both standalone and consolidated operations covering the third quarter and nine months ended December 31, 2025. These results will be subject to limited review by the company's statutory auditors, ensuring compliance with regulatory standards and providing stakeholders with accurate financial information.

Interim Dividend Consideration

As part of the meeting agenda, directors will evaluate the proposal for declaring an interim dividend for the financial year ending March 31, 2026. This consideration reflects the company's commitment to returning value to shareholders while maintaining operational flexibility for business growth and development.

Trading Window Restrictions

In accordance with regulatory compliance requirements, Gulf Oil Lubricants India Limited has implemented trading restrictions for designated persons. The trading window closure became effective from Thursday, January 1, 2026, and will continue until 48 hours after the financial results declaration becomes generally available information. This measure ensures fair market practices and prevents insider trading activities during the sensitive period surrounding financial disclosures.

The company operates under the framework of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, specifically adhering to Regulation 29 and other applicable provisions. This regulatory compliance demonstrates the organization's commitment to maintaining transparent communication with stakeholders and upholding corporate governance standards.

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