GULFPETRONSEGP PETROLEUMS LIMITEDMediumNeutral
Announced Fri, 24 Jul · 13:51 IST

GP Petroleums board approves Q1 results, Rs 0.50 dividend, new director appointments

Management Changes View source PDF

GULFPETRO · price

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹41.22
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+10.2+15.7
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AI summary

GP Petroleums board on July 24, 2026 approved Q1 FY27 unaudited standalone and consolidated results. It recommended a final dividend of Rs 0.50 per share (10 percent) for FY26, subject to AGM approval. The 43rd AGM is set for August 26, 2026, with record date August 19. The board appointed Mr. Harshavardhan Sinha as Non-Executive Non-Independent Director and Ms. Sandra Martyres as Independent Director for two years. Mr. Ajay Navaratne (43 years experience in rubber and specialty oils) was appointed VP - Rubber Process Oil as Senior Management Personnel.

Likely market impact

Final dividend rewards shareholders; new director and SMP additions strengthen board and rubber process oil leadership.