Gulf Oil Lubricants India Limited — Important, 31-07-2025: Updates

Gulf Oil Lubricants India Ltd has allotted 15,173 new equity shares under its employee stock option plan. This operational move increases the company's total issued and paid-up share capital to Rs. 9.86 crore, now comprising 4,93,19,623 equity shares. Employees exercised options at Rs. 349.93 per share. While this results in minor dilution, it generates a cash inflow for the company, strengthening its financials. Investors should note the incremental capital base.