Gulf Oil Lubricants India Ltd Board approves Dividend of Rs. 5

The Board of Directors of Gulf Oil Lubricants India Limited (the Company) at their meeting held today viz. Saturday, May 21, 2022 has approved the recommendation of dividend of Rs. 5/- per equity share of Rs. 2 each (250%) for the financial year 2021-22. 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.

Shares of Gulf Oil Lubricants India Limited was last trading in BSE at Rs. 409.50 as compared to the previous close of Rs. 404.35. The total number of shares traded during the day was 1299 in over 277 trades.

The stock hit an intraday high of Rs. 419.65 and intraday low of 405.25. The net turnover during the day was Rs. 534237.00.

Source : Equity Bulls

Keywords

GulfOilLubricantsIndia INE635Q01029 Dividend FY2022