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Gulf Oil Lubricants India Ltd. Company History and Annual Growth Details

Gulf Oil Lubricants was incorporated as ‘Hinduja Infrastructure Limited’ on July 17th, 2008 as a wholly owned subsidiary of GOCL under the Companies Act, 1956.The Company was incorporated with the objective of doing property/infrastructure development business. The name of our Company was changed to ‘Gulf Oil Lubricants India Limited’ on September 12, 2013.

As per the Scheme, the Lubricants Undertaking of Gulf Oil Corporation is demerged and transferred to and vested in Gulf Oil Lubricants India Limited on a going concern basis, with effect from April 1, 2014 (Appointed Date). The equity shares held by GOCL in GOLIL was cancelled as per the Scheme and our Company ceased to be a wholly owned subsidiary of GOCL. Pursuant to allotment of GOLIL shares to the shareholders of GOCL on June 12, 2014, GOIMI became the Promoter of the Company.

Gulf Oil Lubricants manufactures and trades in a range of lubricants and oils which are used by
automobiles as well as by the industrial sector. We are a supplier to several automobile
manufacturers in India and our products are approved by several OEM’s. We have also diversified into automotive accessories such as automotive filters, batteries as well as supplying lubricant handling and dispensing equipment to OEM’s and private garages.

The Company’s manufacturing facility is located at Silvassa and is accredited with both ISO
9001:2008 and ISO 14001:2004 certification. This manufacturing facility employs process logic
control systems and ensures that products manufactured meet the necessary levels of quality and consistency.

2014
-Gulf Oil Lubricants India Ltd shares are listed and admitted to dealings on the BSE & NSE Exchanges.

2015
-Gulf Oil & Schwing Stetter Tie-up to Market Co-Branded Lubricants for India
-ICRA upgrades credit rating of Gulf Oil Lubricants
-Gulf Oil Lubricants - Gulf Oil Launches 'Ultrasynth X' For Mid-Sized Passenger Cars

2016
- "Gulf Oil Lubricants & Bajaj Auto sign strategic tie-up for Lubricants."

2017
-Gulf Oil Lubricants got Credit Rating CARE AA- by Credit Analysis and Research Limited said by

2021
-Gulf Oil Lubricants India Limited have Acquisition of stake in Indra Renewable Technologies Limite

2022
-Gulf Oil Lubricants India approves acquisition of 26% stake in TechPerspect Software.

2023
-Gulf Oil Lubricants India completed acquisition of 51% stake in Tirex Transmission Private Limited

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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