Gulf Oil Lubricants India Ltd allots 5206 Equity Shares

On September 13, 2016 Gulf Oil Lubricants India Ltd has allotted 5,206 Equity Shares of Rs. 2/- each fully paid-up to the grantees on exercise of the options granted to them pursuant to the Gulf Oil Lubricants India Limited - Employee Stock Option Scheme 2015.

These Equity Shares rank pari-passu with existing Equity Shares of the Company.

In view of the above the issued and paid-up capital of the Company stands increased to Rs. 9,92,29,084/- consisting 4,96,14,542 Equity Shares of Rs. 2/- each.

Shares of GULF OIL Lubricants India LTD. was last trading in BSE at Rs.707.15 as compared to the previous close of Rs.734.95. The total number of shares traded during the day was 2288 and the deliverable quantity was 1203.

The stock hit an intraday high of Rs.737 and intraday low of 703.

Source : Equity Bulls

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