Press Release

November 3, 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: Press Release – “Gulf Oil kicks-off celebrations marking 125 Years of the global brand” Ref: Regulation 30 read with Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 We are pleased to enclose herewith a Press Release titled - Gulf Oil kicks-off celebrations marking 125 Years of the global brand. Kindly take the same on record. Thanking You. For Gulf Oil Lubricants India Limited Manish Kumar Gangwal Whole-Time Director & CFO DIN: 00255201 Encl.: as above Press Release Gulf Oil kicks-off celebrations marking 125 Years of the global brand Gulf Oil focuses on accelerated growth and transformation as it enters next phase at 125 Reinforces Gulf's spirit to push beyond limits with an anniversary film “Born to be Behad” featuring MS Dhoni Complete organisational transformation encompassing digital, sustainability, last-mile engagement to strengthen connect Pledges to lead empowerment, circular economy and lead sustainable development Mumbai, 3rd November 2026: Gulf Oil Lubricants India Ltd (GOLIL) at 125, is entering its next phase with an accelerated growth and transformation agenda, building on a legacy of trust to strengthen its core lubricants business while expanding into future-ready mobility solutions, advanced fluid engineering and EV infrastructure. Backed by the Hinduja Group's long-term commitment to India, the company is investing ahead of demand, targeting a 70% increase in manufacturing capacity to 240 million litres by March 2027, while building capabilities across charging hardware, software and connectivity. Marking the milestone with its new anniversary film, “Born to be Behad,” featuring MS Dhoni, Gulf Oil is embracing a broader organisational transformation spanning digitalisation, sustainability and last-mile engagement, with a renewed focus on empowerment, circularity and sustainable development as it positions itself for the next 125 years. The celebrations were kicked off with a special evening in Mumbai with its top customers, distributors and partners who have powered the brand's growth in India. The occasion was made special by the presence of Chairman Mr. Sanjay Hinduja and joined by brand ambassadors MS Dhoni and Smriti Mandhana. Founded in 1901, Gulf is a globally recognised brand present in over 100 countries. In India, GOLIL has grown at 2–3 times the market rate over the past 15 years, emerging as the country's No. 2 private lubricant brand. In line with the transformation journey the brand is looking beyond lubricants into mobility and industrial solutions, expanding manufacturing capacity and investing in sustainable oils, data-centre cooling and EV charging technologies. Backed by partnerships with over 50 OEMs and a Chennai-based global R&D hub, Gulf is positioning itself for India's next phase of industrial and mobility growth. Reflecting on the milestone, Mr. Sanjay Hinduja, Chairman, Gulf Oil International, said, “Gulf's 125-year legacy is a story of evolution, built on the strength of its values and the trust it has earned across generations. Across the more than 100 countries we operate in, India has been one of our fastest growing and most consistent markets for over 15 years. It holds significant opportunity to accelerate growth, by strengthening our leadership in lubricants while building new avenues in value- added services, e-mobility and other allied areas on the strategic fit. We intend to lead this journey with superior and cleaner technologies, bold innovation and a workforce built for tomorrow. India's growth story will be an important part of Gulf's next phase.” Mr. Ravi Chawla, Managing Director and Chief Executive Officer, Gulf Oil Lubricants India Ltd, said, “Our 125th anniversary is a testament to our commitment, bold decisions, relentless innovation and enduring partnerships. As we celebrate this milestone, we are also defining where we want to go next. While looking ahead to an evolving future, these partnerships will matter more than ever. 'Born to be Behad' reflects who we have always been, a brand that goes beyond the limits set for it. Going forward, our brand platform, 'Kuch Behad Kar', will carry that spirit into everything we do.” As part of the 125-year celebrations, Gulf also pledged to empower 125,000 women in mobility through a new initiative, “Generation Behad”. The initiative will focus on empowering women through knowledge as well as for mobility careers, including as drivers and mechanics. Smriti Mandhana launched the initiative during the event. Ms. Aarthy Sridhar, Chief Marketing Officer, Gulf Oil Lubricants India Ltd, said, “Smriti has shown what happens when the field opens for women in cricket, the talent was always there; it just needed the space. Now it is time for mobility, where women continue to be under-represented. With Generation Behad, we want to create that space, helping women train for and step into roles from behind the wheel to under the bonnet.” As the global brand celebrates 125 years, the company remains focused on strengthening its core business, evolving with the mobility landscape, deepening customer relationships and creating long- term value through innovation and inclusive growth. About Gulf Oil Lubricants India Ltd: Gulf Oil Lubricants India Limited (GOLIL), part of the Hinduja Group, is one of India's leading lubricant, mobility and fluid solutions companies. The Company offers a comprehensive portfolio of automotive and industrial lubricants, AdBlue, EV fluids and mobility solutions, serving passenger vehicles, commercial vehicles, industrial customers and OEM partners. With a strong portfolio of trusted brands, an extensive pan-India distribution network, over 50 OEM partnerships, exports to over 25 countries and a growing presence across emerging mobility solutions, GOLIL continues to outperform the industry through innovation, premiumisation and execution excellence. The Company is also expanding its presence in EV charging infrastructure through its affiliates Tirex, Indra Renewables and TechPerspect (brand-ElectreeFi), further strengthening its position within the evolving mobility ecosystem. Globally, Gulf operates in over 100 countries across five continents, offering over 400 performance lubricants and associated products for all market segments. The brand's identity is fortified through associations with esteemed brand ambassadors such as Mahendra Singh Dhoni, Hardik Pandya, and Smriti Mandhana, and partnerships with Chennai Super Kings and global sporting partnerships like Atlassian Williams F1 Team, Trackhouse MotoGP Team, etc. FOLLOW US ON: Website - https://india.gulfoilltd.com Instagram- https://www.instagram.com/gulfoil.india/ LinkedIn - https://in.linkedin.com/company/gulf-oil-lubricants-india-ltd YouTube - https://www.youtube.com/@gulfoil_india Facebook - https://www.facebook.com/GulfOilIndia/ ABOUT HINDUJA GROUP: The Hinduja Group is a 111-year-old transnational conglomerate with over 250,000 employees across 100 countries. Founded in 1914 by Late Shri Parmanand Deepchand Hinduja, the Group has evolved into one of India's most respected diversified business houses, with a leadership in automotive and mobility, banking and financial services, IT and digital solutions, energy and healthcare. Through its enterprises, the Group has contributed to India's industrial evolution and economic progress while building strong global partnerships and market presence worldwide. Anchored in robust governance, disciplined risk management and long-term value creation, the Hinduja Group is guided by its enduring credo, “My Dharma is to work so that I can give,” reflecting a legacy that combines global enterprise w [Showing first 8,000 characters — download PDF for full document]