Gulf Oil Lubricants India Limited — Important, 24-03-2025: Updates
Gulf Oil Lubricants India Limited has disclosed significant insider trading activities involving its designated persons. Somesh Sabhani, a Vice President of Industrial Sales, sold 5,500 equity shares, reducing his holding to 3,022 shares, reflecting 0.01% ownership. In another transaction, Ravi Chawla, Managing Director & CEO, sold 23,760 equity shares and now holds 40,890 shares, representing 0.08% of the company. Manish Kumar Gangwal, CFO & President of Strategic Sourcing, IT & Legal, also disposed of 10,030 shares, bringing his total to 11,276 shares, equating to 0.02%. These trades occurred through open market transactions on the NSE. Stakeholders may monitor these changes closely, as they reflect confidence levels and strategic positioning by key personnel within the company.
