Appointment of 1. Mr. Harshavardhan Sinha as Additional Non-Executive Non Independent Director of the Company w.e.f. July 24, 2026. 2. Ms. Sandra Martyres as Additional Non-Executive ....

July 24, 2026 To To Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services, Exchange Plaza, 5th Floor, G-Block, P. J. Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra East, Mumbai 400 001 Mumbai - 400 051 Scrip Code: 532543 Scrip Symbol: GULFPETRO Dear Sir/ Madam, Sub: Outcome of the Board Meeting held on July 24, 2026 Time of Commencement of the Board Meeting : 11:00 A.M. Time of Conclusion of the Board Meeting : 12:45 P.M. Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting concluded today, inter alia has considered and approved the following: (i) Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report issued by M/s. J Mandal & Co. LLP, Chartered Accountants, Statutory Auditors of the Company is enclosed herewith as Annexure - A. The aforesaid Financial Results are being uploaded on the Company's website at www.gppetroleums.co.in and shall also be published in the newspapers in accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in due course. (ii) Recommendation of Final Dividend: - 0.50/- - each (10%) for the financial year ended March 31, 2026, subject to the approval of the Members at the ensuing 43rd Annual General Meeting ("AGM") of the Company. (iii) Appointment of Additional Director: - Appointment of Mr. Harshavardhan Sinha (DIN: 09439148) as an Additional Director in the category of Non-Executive, Non-Independent Director of the Company, liable to retire by rotation, with effect from July 24, 2026, subject to the approval of the Members at the ensuing Annual General Meeting and such other statutory/regulatory approvals as may be required. Appointment of Ms. Sandra Martyres (DIN: 00798406) as an Additional Director in the category of Non-Executive, Independent Director of the Company, for a term of two (2) consecutive years commencing from July 24, 2026, subject to the approval of the Members at the ensuing Annual General Meeting and such other statutory/regulatory approvals as may be required. (iv) Appointment of Senior Management Personnel: - Appointment of Mr. Ajay Navaratne, Vice President Rubber Process Oil as Senior Management w.e.f. July 24, 2026. The said appointment as mentioned in point (iii) and (iv) have been approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. (v) 43rd Annual General Meeting The Board has approved convening the 43rd Annual General Meeting (AGM) of the Company on Wednesday, August 26, 2026, through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM"), in compliance with the applicable provisions of the Companies Act, 2013, the Rules made thereunder, the relevant circulars issued by the Ministry of Corporate Affairs ("MCA"), the Registrar of Companies, Mumbai, and the Securities and Exchange Board of India ("SEBI"). (vi) Record Date Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed Wednesday, August 19, 2026, as the Record Date for the purpose of determining the entitlement of Members to receive the final dividend for the financial year ended March 31, 2026. The payment of the said dividend shall be subject to the approval of the Members at the ensuing 43rd Annual General Meeting and shall be made after deduction of tax at source (TDS), as applicable. (vii) Re-Constitution of the Committee(s) of the Board as per Annexure C. The disclosures required under Para A of Part A of Schedule III of the SEBI (LODR) Regulations 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, for point no. (iii) and (iv) are enclosed as Annexure - B. We request you to kindly take the same on your record. Thanking You, Yours faithfully, For GP PETROLEUMS LIMITED KANIKA SEHGAL SADANA COMPANY SECRETARY AND COMPLIANCE OFFICER ACS:31466 Annexure-B Disclosures required under Para A of Part A of Schedule III of the SEBI (LODR) Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Particulars Mr. Harshavardhan Sinha Ms. Sandra Martyres Mr. Ajay Navratne - Vice President Rubber Process Oil Reason for change viz. Appointment as an Additional Director (in Appointment as an Additional Director (in Appointment as a Senior Management appointment, resignation, the capacity of Non-Executive Non- the capacity of Non-Executive Non- Personnel ("SMP") removal, death or Independent Director) Independent Director) otherwise Aate of appointment/re- w.e.f. July 24, 2026, subject to the For a period of two years commencing from w.e.f. July 24, 2026 appointment/cessation (as July 24, 2026 to July 23, 2028 subject to the applicable) & term Company. He is liable to retire by rotation. ofappointment/reappoint Company. ment; Brief profile Attached Attached Mr. Ajay Navaratne is a seasoned techno- (in case of appointment) commercial professional with over 43 years of experience in the rubber, petrochemicals and specialty oils industry. He possesses extensive expertise in business development, strategic planning, international business expansion, technical marketing and profit centre management. He has played a key role in promoting Rubber Process Oils, including low PAH (non-carcinogenic) oils, in the Indian tyre and non-tyre industries, and has successfully expanded business across domestic and international markets. His in-depth knowledge spans Rubber Process Oils, Industrial Lubricants, Silica, Rubber Chemicals, Processing Additives and other specialty petrochemical products. Mr. Navaratne has held senior leadership positions with reputed organisations, including WITMANS Industries, H&R India Sales Private Limited, GP Petroleums Limited, Pukhraj Group and Insilco Limited, where he successfully led business growth, market development and strategic initiatives. His rich industry experience and technical expertise will be valuable in strengthening the Company's Rubber Process Oil business and supporting its long-term growth objectives. Disclosure of relationships Mr. Harshavardhan Sinha is not related to Ms. Sandra Martyres is not related to any of Mr. Ashish Garg is not related to any of the between directors (in case any of the Directors of the Company. the Directors of the Company. Directors of the Company. of appointment of a director) Information as required Mr. Harshavardhan Sinha is not debarred Ms. Sandra Martyres is not debarred from N.A. pursuant to BSE Circular from holding the office of director by holding the office of director by virtue of any with ref. no. LIST/COMP virtue of any SEBI order or any other such SEBI order or any other such authority. /14/2018-19 and the NSE authority. Circular with ref. no. NSE/CML/2018/ 24, both dated 20 June 2018