Gulf Oil Lubricants gets listed on BSE and NSE

By admin July 31, 2014 10:17 am IST

 Hinduja Group company Gulf Oil Lubricants India Ltd (GOLIL) today got listed on the BSE and NSE. With the demerger of the Lubricants business of Gulf Oil Corporation Ltd to GOLIL, the new lubricant company GOLIL will manage the standalone lubricant business in India under “Gulf Oil” brand.
 
Addressing the media on the occasion, Sanjay. G. Hinduja, Chairman, Gulf Oil International said, “Gulf Oil Lubricants India Ltd. aims to realise its vision of becoming one of the top 3 lubricant brands in the industry with expected support from the growing Indian economy. The company will continue to outperform the industry’s growth by enhancing its distribution, investing in the brand and securing more OEM tie-ups. Further, this is in line with our global vision of being one of the largest independent downstream players in lubricants and speciality chemicals in the world.”
 

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