Stake Sale

Gulf Oil Lubricants India Ltd approves allotment of 8526 Equity Shares



Posted On : 2017-02-05 00:01:39( TIMEZONE : IST )

Gulf Oil Lubricants India Ltd approves allotment of 8526 Equity Shares

On February 03, 2017 Gulf Oil Lubricants India Ltd has allotted 8,526 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. 9,92,46,136/- consisting 4,96,23,068 Equity Shares of Rs. 2/- each.

Source : Equity Bulls

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