Shareholders meeting

September 11, 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 Dear Sir/ Madam, Sub.: Proceedings of the 18th (eighteenth) Annual General Meeting (“AGM”) of the Company Ref.: Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 We enclose herewith proceedings of the 18th (eighteenth) Annual General Meeting of the Members of Gulf Oil Lubricants India Limited held today, viz. Friday, September 11, 2026 at 03:00 p.m. (IST) through Video Conferencing/Other Audio-Visual Means. Kindly take the above on record. Thanking you. For Gulf Oil Lubricants India Limited Ashish Pandey Company Secretary and Compliance Officer Encl.: as above Proceedings (in brief) of the 18th (eighteenth) Annual General Meeting (“AGM”) of the Members of Gulf Oil Lubricants India Limited (“the Company”) held on Friday, September 11, 2026 at 03:00 p.m. (IST) through Video Conferencing/Other Audio-Visual Means Day, date, time and venue of the Meeting: The 18th (eighteenth) AGM of the Members of the Company was held on Friday, September 11, 2026 at 03:00 p.m. (IST) through Video Conferencing/Other Audio-Visual Means (“VC/OAVM”). The deemed venue for the AGM was the Registered Office of the Company situated at IN Centre, 49/50, 12th Road, M.I.D.C., Andheri (East), Mumbai 400 093. The AGM was held through VC/OAVM in compliance with the applicable provisions of the Companies Act, 2013 (“the Act”) read with applicable rules made thereunder and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with relevant circulars issued by the Ministry of Corporate Affairs (“MCA”) and Securities and Exchange Board of India (“SEBI”) permitting convening of AGM through electronic means i.e. through VC/OAVM without physical presence of Members at a common venue. Opening Remarks: Mr. Ashish Pandey, Company Secretary & Compliance Officer, welcomed the Shareholders virtually present at the 18th AGM of the Company and informed them about the various compliances regarding MCA and SEBI guidelines, e-voting facilities, availability of documents for inspection, etc. with respect to conduct of AGM. He confirmed the presence of requisite quorum. Thereafter, he, requested Mr. Sanjay G. Hinduja, Chairman, to proceed with the Meeting. Mr. Sanjay G. Hinduja, Chairman, extended a warm welcome to the Shareholders virtually present at the 18th AGM of the Company. As the requisite quorum was present, the Chairman called the Meeting to order. Thereafter, he requested the Directors to introduce themselves. The Directors briefly introduced themselves. Attendance: A total of 71 Members were present at the AGM. Attendance of Directors, Management, Auditors and Scrutinizer during the AGM was as follows: Sr. No. Name Designation 1. Mr. Sanjay G. Hinduja Chairman, Non-Executive Director 2. Mr. Shom Ashok Hinduja Non-Executive Director 3. Mr. Arvind Uppal Independent Director (Chairman - Stakeholders’ Relationship Committee, Nomination & Remuneration Committee and Risk Management Committee) 4. Mrs. Manju Agarwal Independent Director (Chairman - Audit Committee and Corporate Social Responsibility & Sustainability Committee) 5. Mr. Munesh Narinder Khanna Independent Director 6. Mr. Nirvik Singh Independent Director 7. Mr. Ravi Shamlal Chawla Managing Director and CEO 8. Mr. Manish Kumar Gangwal Whole-Time Director and CFO 9. Mr. Ashish Pandey Company Secretary and Compliance Officer Representatives of M/s S R B C & Co. LLP, Chartered Accountants, Statutory Auditors, M/s Ravi & Subramanyam, Company Secretaries, Secretarial Auditor, M/s Dhananjay V. Joshi and Associates, Cost Accountants, Cost Auditor, and Mr. Virendra G. Bhatt, Practicing Company Secretary, Scrutinizer were also present at the Meeting. Inspection of Documents: The Registers and Documents as required to be kept before the Members, were open for inspection by the Members during the continuance of the Meeting at the NSDL e-voting website. Presentation: The shareholders were presented with a brief Audio Video Presentation highlighting the Company’s performance and development. Business transacted: The Notice dated August 3, 2026 convening the 18th (eighteenth) Annual General Meeting, the Board's Report 2025-26 including all Annexures and the Audited Financial Statement (Standalone & Consolidated) of the Company for the financial year ended March 31, 2026, which were already circulated to the Members, were taken as read, with the consent of the Members. Further, the shareholders were informed that since the resolutions mentioned in the Notice of AGM have already been put to vote through e-voting, there would be no requirement of proposing and seconding of resolutions, nor voting by show of hands during the Meeting. The following items of business, as per the Notice dated August 3, 2026 were transacted at the AGM: ORDINARY BUSINESS: Sr. No. Resolution Type of Resolution 1. a. Adoption of Audited Standalone Financial Statements Ordinary Resolution 1. b. Adoption of Audited Consolidated Financial Statements Ordinary Resolution 2. Declaration of final dividend on equity shares for the financial year Ordinary Resolution ended March 31, 2026 3. Re-appointment of Mr. Shom Ashok Hinduja (DIN: 07128441) as Non- Ordinary Resolution Executive Director, liable to retire by rotation SPECIAL BUSINESS: Sr. No. Resolution Type of Resolution 4. Ratification of remuneration payable to M/s Dhananjay V. Joshi & Ordinary Resolution Associates, Cost Accountants, as Cost Auditors of the Company for the financial year 2026-27 Speaker Shareholders: Shareholders who had registered themselves as speakers, spoke at the Meeting and sought clarifications on the Company's financial statements and business. Their queries were answered/ clarified to their satisfaction. Voting by Members: The Chairman informed the Members that pursuant to the provisions of the Act, rules framed thereunder and the SEBI Listing Regulations, the Company had tied up with National Securities Depository Limited (“NSDL”) to provide facility for voting through remote e-voting, e-voting during the AGM and participation in the AGM through VC / OAVM facility. The remote e-voting commenced at 09:00 a.m. (IST) on Monday, September 7, 2026 and ended at 5:00 p.m. (IST) on Thursday, September 10, 2026. The Chairman informed that the Members who have not cast their vote during the e-voting period can vote in next thirty minutes after the Meeting. The Board of Directors appointed Mr. Virendra G. Bhatt, Practicing Company Secretary (FCS No. 1157, CP No. 124) as the Scrutinizer to scrutinize the process of e- voting in a fair and transparent manner. Declaration of Results of E-Voting: The Chairman informed that results of e-voting would be declared within two working days from the conclusion of the meeting i.e. on or before September 16, 2026. He also informed that the same shall be submitted to BSE Limited and National Stock Exchange of India Limited, and shall also be displayed at the Notice Board of the Company at its Registered Office situated at IN Centre, 49/50, 12th Road, M.I.D.C., Andheri (East), Mumbai 400 093, on or before September 16, 2026. Additionally, the same will also be hosted on the website of the Company at https://india.gulfoilltd.com/investors/annual-reports . Time of conclusion of AGM: After the completion of the business as set out in the Notice dated August 3, 2026, the Chairman declared the Meeting as concluded and thanked the Members for attending the Meeting. The Meeting ended at 4:33 p.m. (IST) and thirty minutes time was given for e-voting to those shareholders who had not voted earlier. Note: This document does not constitute minutes of the proceedings of the 18th Annual General Meeting of the Company. F [Showing first 8,000 characters — download PDF for full document]