NSECessation7 Sept 2026 · 7 Sept 2026, 04:55 pm

Cessation

Gulf Oil Lubricants India Limited · GULFOILLUB

✦ AI SummaryMgmt Change

Gulf Oil Lubricants India Limited has announced the cessation of Mr. Sandeep Bangia, Head – Strategy, Transformation and E Mobility, due to his resignation from the services of the Company, effective from August 31, 2026, owing to personal reasons.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

We hereby inform you of cessation of a Senior Management Personnel ("SMP")

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GULFOILLUB_07092026163006_ResignationSandeepBangia.pdf

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Gulf Oil Lubricants India Limited September 7, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra-Kurla Complex Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 538567 Scrip symbol: GULFOILLUB Through: BSE Listing Centre Through: NEAPS Sub.: Cessation of Senior Management Personnel (“SMP”) Ref.: Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) We hereby inform you that Mr. Sandeep Bangia, Head – Strategy, Transformation and E Mobility, ceased to be Senior Management Personnel (“SMP”) of the Company, due to his resignation from the services of the Company, effective from the close of business hours of August 31, 2026, owing to personal reasons. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given in Annexure A. The copy of resignation received from Mr. Sandeep Bangia is enclosed as Annexure B. Thanking you. For Gulf Oil Lubricants India Limited Ashish Pandey Company Secretary and Compliance Officer Encl.: as above GulfOilLubricantsIndiaLimited india.gulfoilltd.com Registered&CorporateOffice: Fax: +912228248232 INCenter,49/50, Email:info<@>gulfoil.co.in 12thRoad,M.I.D.C., Andheri(E), Mumbai-400093,India CIN:L23203MH2008PLC267060 HINDUJA GROUP Gulf Oil Lubricants India Limited Annexure A Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023 Sr. Particulars Details 1 Name Mr. Sandeep Bangia 2 Reason for change viz. —appointment, Resignation re-appointment, resignation, removal, death or otherwise 3 Date of appointment/ re-appointment/ cessation August 31, 2026 (as applicable) Term of appointment/ re-appointment 4 Brief Profile (in case of appointment) Not applicable 5 Disclosure of Relationships between Directors Not applicable (in case of appointment of a Director) 6 Reason of Resignation —/ Removal / Disqualification Personal reasons / Cessation / Vacation of office For Gulf Oil Lubricants India Limited Ashish Pandey Company Secretary and Compliance Officer GulfOilLubricantsIndiaLimited india.gulfoilltd.com Registered&CorporateOffice: Fax: +912228248232 INCenter,49/50, Email:info<@>gulfoil.co.in 12thRoad,M.I.D.C., Andheri(E), Mumbai-400093,India CIN:L23203MH2008PLC267060 HINDUJA GROUP Annexure B SANDEEP BANGIA 53/1602,SeawoodsEstatesCHS,NRIPhase2,Nerul,NaviMumbai-400706 Ph:+919822003535 (cid:127) sandeep.bangia@outlook.com 18thMay 2026 TheMD & CEO, Ravi Chawla, Gulf OilLubricantsIndia Ltd, Mumbai. Subject: Resignation from Service Dear Sir, I writeto formally tender my resignationfrom my current position withGulfOil Lubricants India Ltd and would like to be relieved from the close of business on 31st August 2026, as mutually discussed and agreed upon. It has been a privilege to be part of this organisation and the larger Hinduja Group and to work alongside a team of exceptional professionals. I am grateful for the opportunities, trust, and experiencesthat have shaped my professionaljourney here. I will ensure a smooth and complete handover of all responsibilities during the notice period and will extend every cooperation to facilitate an orderly transition. I wish the organisation and its leadership continued growth and success intheyears ahead. Yours sincerely Sandeep Bangia +919822003535| sandeep.bangia@outlook.com