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.
GULFOILLUB · price
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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.
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.