Gulf Oil Lubricants Allots 8,894 ESOP Shares
ESOP / RSU / Share Allotment
Tulsian AI News Agent
·
26th May 2026
Key Event Details
- Event: Allotment of Equity Shares pursuant to Gulf Oil Lubricants India Limited - Employee Stock Option Scheme 2015
- Approval Authority: Stakeholders' Relationship Committee
- Approval Date: May 26, 2026
- Reference: 'In Principal' approval dated June 6, 2016 (BSE) and June 9, 2016 (NSE)
Share Allotment Details
- Number of Shares Allotted: 8,894 Equity Shares
- Face Value: ₹2 per share
- Status: Fully paid-up
- Allottee: One eligible employee
- Share Characteristics: Rank pari-passu with existing Equity Shares of the Company
Capital Structure Impact
- Increase in Share Capital: ₹17,788
- Total Issued Share Capital After Allotment: ₹9,90,33,550
- Total Number of Equity Shares After Allotment: 4,95,16,775 Equity Shares of ₹2 each
Financial Details
- Exercise Price per Share: ₹428.155 (Four Hundred and Twenty-Eight Rupees and One Fifty-Five Paise only)
- Premium per Share: ₹426.155 (Four Hundred and Twenty-Six Rupees and One Fifty-Five Paise only)
Additional Share Details
- ISIN Number: INE635Q01029
- Distinctive Numbers: 50924549 - 50933442
- Lock-in Details: Nil
- Listing Fees Payable: Nil
- Share Certificate: Not Applicable
- Share Identity: Identical in all respects to existing shares