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Incorporated in 1983, GP Petroleums Ltddoes Manufacturing & Marketing of Industrialand Automotive Lubricants, Rubber ProcessOils etc. and Trading of Base Oil, Fuel oil andBitumen
GPPL has entered an exclusivity agreement to evaluate a potential strategic acquisition of assets across India, UAE, Mauritius, and East Africa. A USD 100,000 fee covers a 4-month exclusivity period, adjustable if the deal proceeds. This evaluation is subject to due diligence.
GP Petroleums' Board proposed a Final Dividend of ₹0.50 per share (10%) for FY25-26, awaiting shareholder approval. Tax will be deducted at source. Shareholders need to submit relevant documents promptly for beneficial tax rates.
GP Petroleums has opened a special window until February 4, 2027, for investors to dematerialize physical shares bought/sold before April 1, 2019. This aims to secure investor rights, covering previously rejected transfer requests. Transferred shares will be demat-only with a one-year lock-in.
GP Petroleums launched a shareholder campaign to facilitate updating KYC and claiming unpaid dividends. This ensures investors receive their rightful dues before amounts are transferred to a designated fund, streamlining payout processes for better shareholder engagement.
GP Petroleums launched "Saksham Niveshak" to help 602 shareholders claim unpaid dividends. Shareholders must update KYC/bank details to prevent transfer of dividends/shares to the Investor Education and Protection Fund.