GULFOILLUBNSEGulf Oil Lubricants India LimitedHighNeutral
Announced Mon, 22 Dec · 18:30 IST

We wish to inform that Board of Directors, at its meeting held today i.e. December 22, 2025, based on the recommendation of Nomination & Remuneration Committee, considered and approved the appointment of Mr. Manish Kumar Gangwal (DIN: 00255201) as Whole-Time Director in addition to his current role of Chief Financial Officer of the Company. However, the same is subject to the approval of shareholders of the Company.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Gulf Oil Lubricants India, at its meeting on December 22, 2025, approved the appointment of Mr. Manish Kumar Gangwal (DIN: 00255201) as Whole-Time Director. This is in addition to his existing role as Chief Financial Officer of the company. The appointment is based on the recommendation of the Nomination & Remuneration Committee. The change is subject to approval from the shareholders of the company.

Likely market impact

This is an internal elevation, giving the current CFO an additional board-level designation. It signals continuity in financial leadership and may strengthen the company's governance by ensuring the CFO has a direct seat on the board, though it is not expected to materially shift stock price in the short term.