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As on : 02-Nov-2026
Corporate News
02-Nov-2026      14:35

Gulf Oil Lubricants India denies acquisition talks after Economic Times report

Gulf Oil Lubricants India Limited clarified that it has not entered into any negotiations regarding global expansion or acquisition plans, responding to a news article published on the Economic Times website on November 2, 2026, which reported on Gulf Oil International's acquisition and expansion plans and the company's Q2 FY27 performance and capacity expansion plans. The clarification was provided in response to inquiries from the BSE Limited and NSE, and the company stated that any movement in its stock price is market-driven.

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