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GP Petroleums Ltd. Company History and Annual Growth Details

2005
-Sah Petroleums Ltd to introduce a new range of lubricants that would cater to the industrial sector and for the tyre manufacturing Companies. The new range of lubricants will be sold under their brand name IPOL and has been made after extensive R&D and trials conducted at various locations.

-Sah Petroleums has given the Bonus in the Ratio of 3:5

2006

-Sah Petroleums introduces new range of Lubricants.
-acquired 570449 shares aggregating to 1.78% of the share capital of Sah Petroleum Limited.

2007

- The Board of Directors of the Company has declared an Interim Dividend @ 5% i.e., Rs 0.25 per equity share of Rs 5/- each.

2009

- Mr. Bruno P.Y.G. Seghin has been appointed as an Additional Director of the Company.

2011

- The Board of Directors of the Company has recommended a dividend @ 1% amounting to Rs. 0.05 per share on equity share of Rs. 5/- each for the year ended.

2012

- The Board of Directors of the Company has recommended a dividend @ 0.2% amounting to Rs. 0.01 per share on equity share of Rs. 5/- each for the year ended.

2013
-Sah Petroleums Ltd has Approved an issue of bonus shares to the Non Promoter Shareholders in the ratio of 23:19.
-Sah Petroleums Ltd has Recommended a dividend @ 0.2% amounting to Rs. 0.01 per share on equity share of Rs. 5/- each.

2014-
-Sah Petroleums Ltd has Recommended a dividend @ 0.2% amounting to Rs. 0.01 per share on equity share of Rs. 5/- each.

2015
-The Company has changed its name from Sah Petroleums Ltd to GP Petroleums Ltd.
-The Company's trading symbol has been changed from SAHPETRO to GULFPETRO
-GP Petroleums partners Repsol to launch lubricant range in India
-GP Petroleums Ltd. the change of Registered office of the Company from 406/407, Embassy Centre, Nariman Point, Mumbai-400021 to the Company owned new premises 804, 8th Floor, Ackruti Centre, MIDC Central Road, MIDC, Andheri (East) Mumbai-400093

2016
-GP Petroleums partners with Repsol for blending and marketing of Repsol lubricants in India.
-"Gulf Petrochem to distribute GP PetroleumsÂ IPOL in UAE & Oman".
-"GP Petroleums launches first REPSOL passenger car oil in India".

2018
-GP Petroleums inks pact with Mag Lube to take IPOL global.
-GP Petroleums arm enters into partnership with Cepsa.

2019
-Now GP Petroleums Ltd is among the top 1000 NSE companies in market capitalization.

2023
-Associated with the prestigious Micromatic Group Entered $100 million club.

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