Integrated Filing — IndAS



General information about company

Scrip Code 538567
NSE Symbol GULFOILLUB
MSEI Symbol NOTLISTED
ISIN INE635Q01029
Name of company Gulf Oil Lubricants India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Lubricants
Start date and time of board meeting 05-11-2025   16:00:00
End date and time of board meeting 05-11-2025   18:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 30-05-2022
Indicate Company website link for updated RPT policy of the Company https://india.gulfoilltd.com/investors/investor-information/policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on loans and the Company has not issued any debt securities.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 9,56,781.70 19,53,144.50
Other income 25,228.40 47,436.00
Total income 9,82,010.10 20,00,580.50
2 Expenses
(a) Cost of materials consumed 4,93,948.70 10,06,773.30
(b) Purchases of stock-in-trade 57,938.70 1,03,648.10
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,278.60) 8,282.90
(d) Employee benefit expense 50,949.20 98,216.50
(e) Finance costs 12,974.00 18,504.10
(f) Depreciation, depletion and amortisation expense 13,700.80 27,238.80
(f) Other Expenses
1 Other Expenses 2,38,758.90 4,91,182.00
Total other expenses 2,38,758.90 4,91,182.00
Total expenses 8,64,991.70 17,53,845.70
3 Total profit before exceptional items and tax 1,17,018.40 2,46,734.80
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,17,018.40 2,46,734.80
6 Tax expense
7 Current tax 31,341.30 65,617.10
8 Deferred tax (1,457.20) (2,675.90)
9 Total tax expenses 29,884.10 62,941.20
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 87,134.30 1,83,793.60
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 87,134.30 1,83,793.60
17 Other comprehensive income net of taxes (74.60) (483.70)
18 Total Comprehensive Income for the period 87,059.70 1,83,309.90
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 9,863.90 9,863.90
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 17.67 37.27
Diluted earnings (loss) per share from continuing operations 17.39 36.84
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 17.67 37.27
Diluted earnings (loss) per share from continuing and discontinued operations 17.39 36.84
24 Debt equity ratio 0.00 0.00
25 Debt service coverage ratio 0.00 0.00
26 Interest service coverage ratio 0.00 0.00
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 2,62,457.50
Capital work-in-progress 4,789.30
Investment property
Goodwill 0.00
Other intangible assets 2,343.90
Intangible assets under development 14,146.60
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1,91,306.00
Trade receivables, non-current
Loans, non-current 682.40
Other non-current financial assets 3,288.20
Total non-current financial assets 1,95,276.60
Deferred tax assets (net)
Other non-current assets 30,069.70
Total non-current assets 5,09,083.60
2 Current assets
Inventories 5,09,324.40
Current financial asset
Current investments 0.00
Trade receivables, current 5,36,585.90
Cash and cash equivalents 10,93,069.50
Bank balance other than cash and cash equivalents 4,903.10
Loans, current 362.40
Other current financial assets 11,945.00
Total current financial assets 16,46,865.90
Current tax assets (net)
Other current assets 1,28,169.90
Total current assets 22,84,360.20
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 27,93,443.80
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 9,863.90
Other equity 16,43,745.80
Total equity attributable to owners of parent 16,53,609.70
Non controlling interest
Total equity 16,53,609.70
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 20,144.90
Total non-current financial liabilities 20,144.90
Provisions, non-current 0.00
Deferred tax liabilities (net) 9,061.20
Deferred government grants, Non-current 234.10
Other non-current liabilities 9,361.70
Total non-current liabilities 38,801.90
Current liabilities
Current financial liabilities
Borrowings, current 4,47,285.30
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 20,776.70
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4,85,154.70
Total Trade payable 5,05,931.40
Other current financial liabilities 39,336.50
Total current financial liabilities 9,92,553.20
Other current liabilities 89,876.60
Provisions, current 0.00
Current tax liabilities (Net) 18,401.60
Deferred government grants, Current 200.80
Total current liabilities 11,01,032.20
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 11,39,834.10
Total equity and liabilites 27,93,443.80
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 100.10 647.40
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (25.50) (163.70)
5 Total Other comprehensive income (74.60) (483.70)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,46,734.80
Adjustments for reconcile profit (loss)
Adjustments for finance costs 20,677.90
Adjustments for decrease (increase) in inventories (32,139.50)
Adjustments for decrease (increase) in trade receivables, current (73,976.80)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 384.20
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (956.20)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (19,003.40)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (23,761.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 27,238.80
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (11,267.90)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 329.80
Adjustments for dividend income 0.00
Adjustments for interest income 45,954.90
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (4,084.10)
Other adjustments for non-cash items 8,052.50
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (1,54,460.60)
Net cash flows from (used in) operations 92,274.20
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 55,341.20
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 36,933.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 161.40
Purchase of property, plant and equipment 16,901.40
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 45,954.90
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 1,636.10
Net cash flows from (used in) investing activities 30,851.00
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 530.90
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.10
Repayments of borrowings (25,021.30)
Payments of lease liabilities 10,762.00
Dividends paid 179.80
Interest paid 11,700.70
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 2,909.80
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 70,693.80
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 70,693.80
Cash and cash equivalents cash flow statement at beginning of period 10,22,375.70
Cash and cash equivalents cash flow statement at end of period 10,93,069.50





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s SRBC & Co LLP Yes 28-02-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Gulf Oil Lubricants India Limited Ashok Leyland Limited Fellow Subsidairy Sale of goods or services 1,50,000.00 Approved 32,338.50 25,078.90 10,292.30
2 Gulf Oil Lubricants India Limited Gulf oil Middle East Limited Fellow Subsidairy Sale of goods or services 10,000.00 Approved 2,305.90 345.30 677.10
3 Gulf Oil Lubricants India Limited Gulf Oil Marine Limited Fellow Subsidairy Sale of goods or services 90,000.00 Approved 30,695.30 10,190.10 14,949.60
4 Gulf Oil Lubricants India Limited PT. Gulf Oil Lubricants Indonesia Fellow Subsidairy Sale of goods or services 10,000.00 Approved 3,315.00 2,422.60 3,349.50
5 Gulf Oil Lubricants India Limited Gulf Oil Philippines Inc. Fellow Subsidairy Sale of goods or services 7,500.00 Approved 3,044.30 3,227.60 3,398.00
6 Gulf Oil Lubricants India Limited Gulf Oil Bangladesh Limited Fellow Subsidairy Sale of goods or services 50,000.00 Approved 18,294.20 2,692.40 789.90
7 Gulf Oil Lubricants India Limited Gulf Oil Argentina S. A. Fellow Subsidairy Sale of goods or services 10,000.00 Approved 0.00 0.00 0.00
8 Gulf Oil Lubricants India Limited IDL Explosives Limited Fellow Subsidairy Sale of goods or services 500.00 Approved 0.00 0.00 0.00
9 Gulf Oil Lubricants India Limited Gulf Ashley Motors Limited Fellow Subsidairy Sale of goods or services 10,000.00 Approved 2,164.80 664.80 955.80
10 Gulf Oil Lubricants India Limited Gulf Oil Egypt Fellow Subsidairy Sale of goods or services 5,000.00 Approved 0.00 678.20 678.20
11 Gulf Oil Lubricants India Limited Gulf Oil International Limited Cayman Holding Company Any other transaction Recovery of Expenses 5,250.00 Approved 941.40 1,242.20 214.00
12 Gulf Oil Lubricants India Limited D.A.Stuart India Pvt. Ltd Fellow Subsidairy Any other transaction Recovery of Expenses 250.00 Approved 8.00 4.00 4.00
13 Gulf Oil Lubricants India Limited Gulf Oil International UK Limited Fellow Subsidairy Any other transaction Recovery of Expenses 9,000.00 Approved 4,131.80 2,078.90 4,131.80
14 Gulf Oil Lubricants India Limited Gulf Oil Middle East Limited Fellow Subsidairy Any other transaction Reimbursement of Expenses 2,500.00 Approved 0.00 (438.80) 0.00
15 Gulf Oil Lubricants India Limited GOCL Corporation Limited Fellow Subsidairy Any other transaction Reimbursement of Expenses 325.00 Approved 0.00 0.00 0.00
16 Gulf Oil Lubricants India Limited PT. Gulf Oil Lubricants Indonesia Fellow Subsidairy Any other transaction Recovery of Expenses 500.00 Approved 0.00 37.40 37.40
17 Gulf Oil Lubricants India Limited Gulf Oil International (Mauritius) Inc. Holding Company Any other transaction Royalty Approved 0.00 0.00 0.00
18 Gulf Oil Lubricants India Limited Gulf Oil Lubricants India Limited Employees Group Gratuity Cum Life Assurance Scheme Fellow Subsidairy Any other transaction Contribution to Gratuity 1,500.00 Approved 0.00 0.00 0.00
19 Gulf Oil Lubricants India Limited Gulf Oil Lubricants India Limited Employees Group Superannuation Scheme Fellow Subsidairy Any other transaction Contribution to Superannuation 1,000.00 Approved 0.00 0.00 0.00
20 Gulf Oil Lubricants India Limited Ravi Chawla Key Managerial Personnel Any other transaction Compensation to MD & CEO 13,000.00 Approved 5,921.90 0.00 0.00
21 Gulf Oil Lubricants India Limited Sanjay G Hinduja Non- Executive Director Any other transaction Sitting Fees 120.00 Approved 42.50 0.00 0.00
22 Gulf Oil Lubricants India Limited Shom A Hinduja Non- Executive Director Any other transaction Sitting Fees 70.00 Approved 25.00 0.00 0.00
23 Gulf Oil Lubricants India Limited Arvind Uppal Independent Director Any other transaction Sitting Fees 110.00 Approved 37.50 0.00 0.00
24 Gulf Oil Lubricants India Limited Manju Agarwal Independent Director Any other transaction Sitting Fees 90.00 Approved 30.00 0.00 0.00
25 Gulf Oil Lubricants India Limited Munesh Khanna Independent Director Any other transaction Sitting Fees 110.00 Approved 40.00 0.00 0.00
26 Gulf Oil Lubricants India Limited Gulf Asia-Pacific PTE. LTD. Fellow Subsidairy Sale of goods or services 5,000.00 Approved 3.70 0.00 3.70
27 Gulf Oil Lubricants India Limited Switch Mobility Automotive Ltd Fellow Subsidairy Sale of goods or services 5,000.00 Approved 1,127.60 473.70 708.20
28 Gulf Oil Lubricants India Limited Gulf Oil International (Mauritius) Inc. Holding Company Dividend paid 0.00 Approved 0.00 0.00 0.00
29 Gulf Oil Lubricants India Limited Hinduja Foundation Trust controlled by the Director(s) Any other transaction CSR 5,000.00 Approved 1,260.50 0.00 0.00
30 Gulf Oil Lubricants India Limited GOIL International LLC Fellow Subsidairy Any other transaction Other Income, Service charge for R&D and Others Services 20,000.00 Approved 7,768.20 3,599.10 7,768.20
31 Gulf Oil Lubricants India Limited Gulf Asia-Pacific PTE. LTD. Fellow Subsidairy Any other transaction Reimbursement of Expenses 2,500.00 Approved 0.00 0.00 0.00
32 Gulf Oil Lubricants India Limited Gulf Oil Supply Company Ltd Fellow Subsidairy Any other transaction Recovery of Expenses 500.00 Approved 0.00 0.00 0.00
33 Gulf Oil Lubricants India Limited Gulf Oil Philippines Inc. Fellow Subsidairy Any other transaction Recovery of Expenses 500.00 Approved 0.00 23.00 23.00
34 Gulf Oil Lubricants India Limited Gulf Oil Marine Limited Fellow Subsidairy Any other transaction Reimbursement of Expenses 1,000.00 Approved 0.00 (1,574.50) (1,574.50)
35 Gulf Oil Lubricants India Limited Gulf Oil Argentina S. A. Fellow Subsidairy Any other transaction Recovery of Expenses 250.00 Approved 0.00 0.00 0.00
36 Gulf Oil Lubricants India Limited Gulf Oil China Ltd Fellow Subsidairy Any other transaction Recovery of Expenses 500.00 Approved 0.00 0.00 0.00
37 Gulf Oil Lubricants India Limited GOCL Corporation Limited Fellow Subsidairy Sale of goods or services 500.00 Approved 0.00 0.00 0.00
38 Gulf Oil Lubricants India Limited Hinduja Renewables Energy Pvt Ltd Fellow Subsidairy Any other transaction Reimbursement of Expenses 9,000.00 Approved 2,073.50 61.50 0.00
39 Gulf Oil Lubricants India Limited Tirex Transmission Pvt Ltd Fellow Subsidairy Any other transaction Reimbursement of Expenses 125.00 Approved 14.40 0.00 (16.90)
40 Gulf Oil Lubricants India Limited Tirex Transmission Pvt Ltd Fellow Subsidairy Purchase of goods or services 50,000.00 Approved 11,870.10 3,634.60 5,650.90
41 Gulf Oil Lubricants India Limited Tirex Transmission Pvt Ltd Fellow Subsidairy Sale of goods or services 4,750.00 Approved 0.00 0.00 0.00
42 Gulf Oil Lubricants India Limited GOIL International LLC Fellow Subsidairy Any other transaction Royalty 46,000.00 Approved 21,560.20 (18,170.20) (21,560.20)
43 Gulf Oil Lubricants India Limited Ravi Chawla Key Managerial Personnel Any other transaction Repayment of loan to director Approved 57.50 845.00 0.00
44 Gulf Oil Lubricants India Limited Tirex Transmission Pvt Ltd Fellow Subsidairy Any other transaction Recovery of Expenses 125.00 Approved 0.00 0.00 0.00
45 Gulf Oil Lubricants India Limited Gulf Oil International Limited Cayman Holding Company Any other transaction Reimbursement of Expenses 5,000.00 Approved 0.00 0.00 0.00
46 Gulf Oil Lubricants India Limited Gulf Oil Philippines Inc. Fellow Subsidairy Any other transaction Reimbursement of Expenses 500.00 Approved 0.00 0.00 0.00
47 Gulf Oil Lubricants India Limited D.A.Stuart India Pvt. Ltd Fellow Subsidairy Any other transaction Reimbursement of Expenses 250.00 Approved 0.00 0.00 0.00
48 Gulf Oil Lubricants India Limited GOCL Corporation Limited Fellow Subsidairy Any other transaction Recovery of Expenses 125.00 Approved 0.00 45.00 45.00
49 Gulf Oil Lubricants India Limited Gulf Oil International UK Limited Fellow Subsidairy Any other transaction Reimbursement of Expenses 5,000.00 Approved 0.00 0.00 0.00
50 Gulf Oil Lubricants India Limited Gulf Asia-Pacific PTE. LTD. Fellow Subsidairy Any other transaction Recovery of Expenses 2,500.00 Approved 0.00 82.90 0.00
51 Gulf Oil Lubricants India Limited PT. Gulf Oil Lubricants Indonesia Fellow Subsidairy Any other transaction Reimbursement of Expenses 500.00 Approved 0.00 (15.50) (15.50)
52 Gulf Oil Lubricants India Limited Gulf Oil Middle East Limited Fellow Subsidairy Any other transaction Recovery of Expenses 2,500.00 Approved 17.50 29.00 46.40
53 Gulf Oil Lubricants India Limited Gulf Oil Argentina S. A. Fellow Subsidairy Any other transaction Reimbursement of Expenses 250.00 Approved 0.00 0.00 0.00
54 Gulf Oil Lubricants India Limited Hinduja Renewables Energy Pvt Ltd Fellow Subsidairy Any other transaction Recovery of Expenses 1,500.00 Approved 0.00 0.00 (291.00)
55 Gulf Oil Lubricants India Limited OHM Global Mobility Pvt Ltd Fellow Subsidairy Sale of goods or services 5,000.00 Approved 318.70 55.30 188.30
56 Gulf Oil Lubricants India Limited Nirvik Singh Independent Director Any other transaction Sitting Fees 10.00 Approved 20.00 0.00 0.00
57 Tirex Transmission Pvt Ltd Glide Technology Pvt Ltd Fellow Subsidairy Purchase of goods or services 5,000.00 Approved 2,090.00 (421.10) 1,065.80
58 Tirex Transmission Pvt Ltd Switch Mobility Automotive Ltd Fellow Subsidairy Sale of goods or services 45,000.00 Approved 7,390.00 1,590.80 7,648.70
59 Tirex Transmission Pvt Ltd OHM Global Mobility Pvt Ltd Fellow Subsidairy Sale of goods or services 45,000.00 Approved 12,200.00 1,598.40 1,611.00
60 Tirex Transmission Pvt Ltd Ashok Leyland Limited Fellow Subsidairy Sale of goods or services 4,000.00 Approved 250.00 0.00 42.50
61 Tirex Transmission Pvt Ltd GOCL Corporation Limited Fellow Subsidairy Purchase of goods or services 6,000.00 Approved 0.00 0.00 0.00
62 Tirex Transmission Pvt Ltd Indra -UK Fellow Subsidairy Sale of goods or services 30,000.00 Approved 0.00 0.00 0.00
63 Gulf Oil Lubricants India Limited Hinduja Foundation Trust controlled by the Director(s) Any other transaction Recovery of Expenses 2,500.00 Approved 0.00 0.00 0.00
64 Gulf Oil Lubricants India Limited GOLIL KMP & Directors Any other transaction Commission 2,290.00 Approved 0.00 0.00 0.00
Total value of transaction during the reporting period 1,71,358.00