Gulf Oil Lubricants India Ltd board recommends final dividend of Rs. 9

The Board of Directors of Gulf Oil Lubricants India Limited (the Company) at their meeting held today viz. Friday, May 28, 2021 have approved the recommendation of a final dividend of Rs. 9/- per equity share of Rs. 2 each (450%) for the financial year 2020-21. The Dividend, if approved by the members at the ensuing Annual General Meeting (AGM), will be paid / dispatched (subject to deduction of tax at source) after the AGM and within 30 days of its declaration, subject to there being no lockdown restrictions.

Shares of Gulf Oil Lubricants India Ltd was last trading in BSE at Rs.716 as compared to the previous close of Rs. 706.6. The total number of shares traded during the day was 15986 in over 598 trades.

The stock hit an intraday high of Rs. 716.9 and intraday low of 702.6. The net turnover during the day was Rs. 11298207.

Source : Equity Bulls

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