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              The Nomination and Remuneration Committee of the Board of Directors of Gulf Oil Lubricants India Ltd, at its meeting concluded on February 09, 2016 has granted 1,12,225 additional Stock Options to the eligible employees of the Company, in accordance with the terms and conditions of "Gulf Oil Lubricants India Limited- Stock Option Scheme-2015" ("GOLIL-ESOP Scheme") as approved by the shareholders of the Company.