Updates

August 19, 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.: Notice of the 18th (Eighteenth) Annual General Meeting of the Company and Annual Report 2025-26 Ref.: Regulation 30 & 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) The 18th (Eighteenth) Annual General Meeting (“AGM”) of the Members of the Company is scheduled to be held on Friday, September 11, 2026 at 3:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means (“VC/OAVM”). We enclose herewith the Notice of the 18th AGM of the Company and Annual Report 2025-26. The same is being sent electronically today i.e. August 19, 2026, via email to all the Members whose email addresses are registered with the Company/ Registrar and Share Transfer Agent (“RTA”) i.e. KFin Technologies Limited or their respective Depository Participants. Physical copies of the 18th AGM of the Company and Annual Report 2025-26 will be provided to the Members upon their request. Further, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the Company will be sending a letter to Members whose email addresses are not registered with the Company/ RTA/ Depositories, providing the web-link and QR code from where the 18th AGM of the Company and Annual Report 2025-26 can be accessed. The said Annual Report and AGM Notice are also available on Company’s website at: Particulars Web-links QR Code AGM Notice https://india.gulfoilltd.com/investors/annual- reports/AGMNotice Annual Report 2025-26 https://india.gulfoilltd.com/investors/annual- reports/Annual-Report-FY-2025-26 Further, please note that • The Company has fixed cut-off date as Friday, September 4, 2026 to determine the eligibility of members to vote by electronic means (i.e. remote e-voting) and e-voting during the AGM. • The remote e-voting facility would be available during the following period: e-Voting – start time, day and date From 9:00 a.m. (IST) on Monday, September 7, 2026 e-Voting – end time, day and date Up to 5:00 p.m. (IST) on Thursday, September 10, 2026 The facility of casting votes by a member using remote e-voting system as well as e-voting during the AGM will be provided by NSDL. Please refer to the Notice of the AGM for detailed procedure of casting the votes through e-voting. Request you to kindly take the above on records. Thanking you. For Gulf Oil Lubricants India Limited Ashish Pandey Company Secretary and Compliance Officer Encl.: as above ubricating the next era of mobility Agility innovAtion growth focused Gulf Oil Lubricants India Limited Annual Report 2025-26 IN LOVING MEMORY OF Those who had the privilege of knowing and working with GP speak of a man of rare conviction: principled in his dealings, generous in his guidance, and deeply humane in his leadership. At Gulf Oil Lubricants India Limited, we are the inheritors of GP’s vision. Every partnership we nurture, every market we serve, and every community we touch is a continuation of what he set in motion. GP firmly believed that businesses must be built on trust, purpose, and responsibility. His commitment to values-led leadership and sustainable progress was reflected in every milestone of Gulf Oil’s journey. The principles he championed continue to serve as a compass for the organization as it navigates the future. The legacy GP left behind of responsible growth, developing sustainably, along with leading by using an emphasis on values is felt through each milestone accomplished by Gulf Oil. His vision to create institutions that built My dharma (duty) is to Next to Impossible is Possible. up trust and remain relevant to society will work, so that I can give. continue to serve as an inspiration for us as an Gopichand Parmanand Hinduja organisation. Shri. Parmanand Deepchand Hinduja (1941 – 2025) What distinguished GP was not just his Founder - Hinduja Group business sense, but also his humility, There are rare individuals whose vision does not merely shape conviction, and deep commitment to values- enterprises, it shapes a whole industry for generations. Gopichand led leadership qualities. He was a leader who Parmanand Hinduja was one such individual: a visionary founder, led with dedication while still being grounded in The Guiding Principles his core values which earned him tremendous an inspiring leader, and a deeply respected figure whose life’s work of Hinduja Group respect and admiration from people throughout touched countless people around the world. all industries and communities worldwide. Work to give His leadership, wisdom, and foresight were instrumental in establishing His charisma and ability to connect with people the strong legacy that Gulf Oil proudly upholds today. We remain earned him the trust, respect, and admiration of Word is a bond deeply grateful for his vision and values, which continue to guide and colleagues, partners, and communities across inspire us in everything we do. the world, resulting in strong and enduring Act local, think global relationships. Partnership for growth As we honour GP’s life and legacy, we want to A Visionary Steward of Gulf Oil Advance fearlessly reaffirm our commitment towards the principles Through the acquisition of Gulf Oil, Gopichand Hinduja ‘GP’ as he was warmly known, and his brothers saw an he represented: integrity, ethics, vision, and a opportunity to demonstrate what an Indian enterprise, guided by integrity and long-term thinking, could achieve on steadfast commitment to building institutions the global stage. GP was admired as much for his humility as for his acumen and an unwavering belief that ‘next to that create lasting impact. His impact will impossible is only possible’. Under his stewardship, Gulf Oil grew to become an important part of the Hinduja Group continue to inspire Gulf Oil’s journey for many and is today recognised as one of India’s most celebrated corporate success stories. generations to come, forever being woven into the fabric of Gulf Oil. Read Inside Rising Above and Beyond Corporate Overview 03-67 Statutory Reports 68-212 Highest-ever 03 Rising Above and Beyond 68 Management Discussion and Analysis 06 Hinduja Group 88 Board’s Report J J J 07 Chairman’s Foreword 114 Business Responsibility and Sustainability 3,991 Crore 510 Crore 4,056 Crore 08 Gulf Oil International Report 10 Gulf Oil Lubricants India Limited 166 Corporate Governance Report Revenue from operations EBITDA Consolidated revenue from 12 Products operations 1,68,000 KL 14 Leadership Conversation Financial Statements 213-373 19 Awards and Recognitions Core lubricants sales 20 India’s Best Managed Companies 2025 volume FY 2025-26 (+11%) 22 Board of Directors 214 Standalone Standalone 26 Leadership Team 293 Consolidated 28 Brand Building Initiatives 36 Strategic Partnerships Cash Generation and Shareholder Returns Notice 374-394 38 Integrated e-Mobility Solutions J J J 42 Financial Capital 363 Crore 1,141 Crore 51 per share 44 Manufactured Capital 374 Notice of the 18th Annual General Meeting 48 Intellectual Capital Cash flow from operations Cash and bank balances Highest-ever dividend 52 Human Capital J 1,561 Crore 72% 58 Natural Capital 62 Social And Relationship Capital Net worth Highest-ever dividend payout ratio Editorial Policy Standalone This Annual Report has been Reporting Information Capitals Considered in Our prepared to help investors and other Reporting Market Position and Reach stakeholders understand Gulf Oil Reporting Period Lubricants India Limited’s business, performance and approach to long- April 01, 2025 to March 31, 2026 Top 2/3 25+ 1,00,000+ term value creation. Financial Capital Reporting Entity Brand recognition scores Countries Across Our B2C touchpoints (including In determining its [Showing first 8,000 characters — download PDF for full document]