GULFOILCOR
- Series
- EQ
- F&O
- No
- Status
- Inactive since 04 Jun 2014
Formerly IDLCHEM (until 08 Nov 2007). Earlier name: IDL Industries Ltd. (until 08 Nov 2007).
Source: NSE equity master · as of 03 Jun 2014
- 11 Feb 2011 18:13PDF · -Results
Gulf Oil Corporation Limited has submitted to the Exchange the Standalone Financial Results for the period ended December 31,2010.
- 05 Jan 2011 16:23PDF · -Other
Gulf Oil Corporation Limited has informed the Exchange that by an Order made on the December 22, 2010, the High Court of Judicature of Andhra Pradesh at Hyderabad has directed that a Meeting of the Equity Shareholders of Gulf Oil Corporation Limited, the Applicant Company be convened and held on January 21, 2011 for the purpose of considering, and if thought fit, approving, with or without modification(s), the arrangement embodied in the Scheme of Arrangement proposed to be made between Gulf Oil Corporation Limited, ("the Applicant Company" or "Gulf Oil") and IDL Explosives Limited.
- 01 Nov 2010 17:41PDF · -Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated October 30, 2010, titled "Gulf Oil Q2 Profit at Rs 12.32 crores".
- 30 Oct 2010 17:25PDF · -Results
Gulf Oil Corporation Limited has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2010.
- 07 Oct 2010 08:52General update
Gulf Oil Corporation Limited has informed the Exchange that the Petroleum and Explosives Safety Organisation, Government of India, has revoked the interim suspension of licenses for the Hyderabad Works. The operations at the Hyderabad Works are being resumed.
- 05 Oct 2010 16:15PDF · -Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated October 04, 2010, titled "Gulf Oil Corporation Limited , a Hinduja Group Company, has announced a restructuring of the Explosives business of the Company".
- 04 Oct 2010 15:31General update
Gulf Oil Corporation Limited has informed the Exchange that the Committee of Directors of the Company at its Meeting held on October 02, 2010 discussed proposals for restructuring of the Explosives Business of the Company. After discussions, it was decided to demerge the industrial explosives business to a 100% subsidiary of the Company, IDL Explosives Limited, subject to regulatory approvals.
- 28 Sept 2010 11:50PDF · -Other
Gulf Oil Corporation Limited has informed the Exchange that the shareholders of the Company at the Annual General Meeting held on September 23, 2010 have approved all the Resolutions as proposed, including: (a) Payment of Dividend @ Rs.1.80 per share. (b) Raising of US$ 100 million by way of issue of GDR/ADR/FCCB or otherwise (as was passed by the shareholders last year). Further the Company has submitted to the Exchange a copy of notice of Annual General Meeting of the Company held on September 23, 2010.
- 03 Sept 2010 19:24General update
Gulf Oil Corporation Limited has informed the Exchange that "The Petroleum and Explosives safety Organisation of the Government of India had issued a Show Cause Notice to the Company regarding supply of explosives from its toll manufacturing unit located in Lalitpur, Jhansi. The Operations in the other 8 of the Company's factories continue normally, whilst Hyderabad Works has, as an interim measure, suspended operations pending receipt of clearances based on our submissions".
- 01 Sept 2010 12:57Other
Gulf Oil Corporation Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 23, 2010.
- 25 Aug 2010 08:54PDF · -General update
Edelweiss Capital Limited has submitted to the Exchange a copy of advertisement published in the newspaper on August 23, 2010 with respect to Proposed Rights Issue by Gulf Oil Corporation Limited.
- 12 Aug 2010 09:42PDF · -Corporate action
Edelweiss Capital Limited has submitted to the Exchange a copy of the advertisement published in the newspaper on August 09, 2010 with respect to Proposed Rights Issue by Gulf Oil Corporation Limited which opened on August 09, 2010.
- 03 Aug 2010 13:50PDF · -Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated August 02, 2010, titled "GULF OIL Operating Business Profit increases by 51% in Q1".
- 16 Jul 2010 17:13PDF · -Corporate action
Gulf Oil Corporation Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed on July 29, 2010 for the purpose of entitlement of offer under proposed Rights Issue, Dividend and the Annual General Meeting of the Company for the financial year 2009-10. The entitlement of the Rights shares is in the ratio of 1 equity share for every 3 shares held and the issue price is Rs. 32 per share including premium of Rs. 30. Further the Company has submitted to the Exchange a copy of Brief Synopsis containing the Issue details.
- 20 May 2010 13:58General update
Gulf Oil Corporation Limited has informed the Exchange vide its letter dated May 20, 2010 that the Company has, after several discussions, entered into a Joint Development Agreement for development of the 39 acres 27 guntas of the Company's Bengaluru (Yelahanka) land with Hinduja Realty Ventures Limited on May 19, 2010.
- 14 May 2010 18:28Dividend
Gulf Oil Corporation Limited has informed the Exchange that the Board of Directors in its Meeting held on May 14, 2010 has recommended payment of Dividend of Rs. 1.80/- per share (90%) for the year 2009-10, subject to the approval of shareholders at Annual General Meeting.
- 14 May 2010 18:26PDF · -Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated May 14, 2010, titled "Gulf Oil Turnover crosses Rs. 1,000 crores Profit Increases by 55% for year Dividend 90%".
- 09 Apr 2010 11:03Other
Gulf Oil Corporation Limited has informed the Exchange that "We are proposing to publish the Audited Financial Results for the period ended March 31, 2010 - within the specified period as per Clause 41 of the Standard Listing Agreement. We, therefore, request you to note that we will not publish unaudited quarterly results for the quarter ended on March 31, 2010".
- 08 Feb 2010 17:09Other
Gulf Oil Corporation Limited has informed the Exchange vide its letter dated February 08, 2010 that "The Board of Directors of our Company at its Meeting held today decided to disinvest the entire equity shares of IDL Speciality Chemicals Limited, a subsidiary of the Company. As reported earlier, IDL Speciality Chemicals Limited has recently divested the API Division in favour of Biocon Limited and had been left with no major business segments".
- 29 Jan 2010 18:04Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated January 29, 2010, titled "Gulf Oil 9 month Profit increase to Rs.40 crores". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GulfOil_pressrelease_29012010.zip target=NEW> For more details click here.</a>
- 01 Dec 2009 13:22Business update
Gulf Oil Corporation Limited has informed the Exchange that: "We had intimated that IDL Speciality Chemicals Limited (IDLSC), a 100% subsidiary of our Company had entered into a definitive agreement to sell the Active Pharma Ingredients (API) undertaking to Biocon Limited, Bangalore . We wish to inform that the transaction of disposal of undertaking by IDLSC has now been concluded".
- 30 Oct 2009 11:45Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated October 29, 2009 titled "Gulf Oil H1 Turnover up 6% PAT up 3.3 times". A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gulf_PR_30102009.zip target=NEW> For more details click here.</a>
- 07 Oct 2009 11:33Management
Gulf Oil Corporation Limited has informed the Exchange vides it letter dated October 05, 2009 that: "The Board of Directors of our Company has at its Meeting held today, appointed Mrs.Kanchan Chitale as an Independent Director in the casual vacancy caused by the death of Mr P.N.Ghatalia.The Board further appointed Mrs. Kanchan Chitale as the Chairman of the Audit Committee".
- 01 Oct 2009 09:52Business update
Gulf Oil Corporation Limited has informed the Exchange that IDL Speciality Chemicals Limited, a 100% subsidiary of the Company, has entered into a definitive agreement to sell the API undertaking to Biocon Limited, Bangalore subject to the closing condition detailed in the said agreement.
- 28 Aug 2009 16:50Other
Gulf Oil Corporation Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GULFOILCOR_LR_28082009.zip target=NEW> For more details click here.</a>
- 13 Aug 2009 16:17Legal
Gulf Oil Corporation Limited has informed the Exchange vide its letter dated August 13, 2009 that "We deeply regret to inform the sad demise of Mr. P. N. Ghatalia, Independent Director and Chairman of the Audit Committee of our Company, today".
- 10 Aug 2009 15:18AGM / meeting
Gulf Oil Corporation Limited has informed the Exchange that the shareholders of the Company at the Annual General Meeting held on July 31, 2009 have approved all the Resolutions as proposed including: 1) Payment of Dividend @ Rs.1.70 per share. 2) Appointment of Mr. Prakash Shah as Director of the Company. 3) Raising of US$ 100 million by way of issue of GDR/ADR/FCCB or otherwise (as was passed by the shareholders last year).4) Raising of capital by issue of further shares on rights basis and allotment of upto 2,47,86,245 Equity Shares of Rs. 2/- each at a premium of Rs. 30/- per Equity Share"
- 01 Aug 2009 15:40Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated July 31, 2009, titled "Gulf OIL Profit increases by 142% in Q1". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gulf_PR_01082009.zip target=NEW> For more details click here.</a>
- 06 Jul 2009 17:08Corporate action
Gulf Oil Corporation Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will be closed for the period from July 25, 2009 to July 31, 2009 (both the days inclusive) for the purpose of Dividend and Annual General Meeting to be held on July 31, 2009.
- 30 Jun 2009 09:26Other
Gulf Oil Corporation Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on June 25, 2009) that: "The Auditors in their report have mentioned that they are unable to take a view in the absence of sufficient taxable profits, the appropriateness of carrying Deferred Tax Asset of Rs. 512 lakhs (Previous year Rs. 837 lakhs). However, Management is confident that the Company will make sufficient profits to absorb the above Deferred Tax Asset in futur
- 25 Jun 2009 18:46Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated June 25, 2009, titled "Gulf OIL Profit Increases 3 Times to Rs.26.74 crores in Q4". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gulfoil_PR_25062009.zip target=NEW> For more details click here.</a>
- 25 Jun 2009 18:41Dividend
Gulf Oil Corporation Limited has informed the Exchange that the Board, at its meeting held on June 25, 2009 recommended payment of Dividend of Rs. 1.70 per share for the year 2008-09, subject to the approval of the shareholders at the Annual General Meeting. Further, the Board has decided to issue further equity shares of Rs.2/- each on rights basis, in the ratio of one share for every three shares held, at a premium of Rs.30/- per share to the existing shareholders, holding shares on a record date / book closure date to be announced by the Company.
- 18 May 2009 15:36M&A
Gulf Oil Corporation Limited has informed the Exchange,vide its letter dated May 18, 2009 that "The Board of Directors of our Company at its meeting held today, took note of the Order of the Andhra Pradesh High Court sanctioning the Scheme of Arrangement between the Company and IDL Speciality Chemicals Limited, a 100 % subsidiary of the Company and decided to implement the Scheme of Arrangement and directed the management to comply with other legal requirements."
- 29 Apr 2009 17:39Other
Gulf Oil Corporation Limited has informed the Exchange that :"We are proposing to publish the Audited Financial Results for the period ended March 31, 2009 - within three months from the expiry of the said period, i.e. before June 30, 2009 as per Clause 41 of the Standard Listing Agreement. We therefore, request you to kindly note that the company will not publish unaudited quarterly results for the quarter ended on March 31, 2009".
- 17 Apr 2009 19:35General update
Gulf Oil Corporation Limited has informed the Exchange vide its letter dated April 17, 2009 that "The Board of Directors of the Company at its Meeting held today, took note of the permission received from the Government of Andhra Pradesh for change of land use from Industrial to Non-Industrial to an extent of 100 acres at the Kukatpally, Hyderabad and advised the Management to complete the formalities and prepare plans for development of the property".
- 27 Feb 2009 11:10Other
Gulf Oil Corporation Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GULFOILCOR_LR_27022009.ZIP target=NEW> For more details click here.</a>
- 06 Feb 2009 18:14Other
Gulf Oil Corporation Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 27, 2009) that: "The Auditors in their report have mentioned that they are unable to take a view in the absence of sufficient taxable profits, the appropriateness of carrying Deferred Tax Asset of Rs. 961.49 lakhs (Nine Months ended December 31, 2007 Rs. 784.29 lakhs). However, management is confident that the Company will make sufficient profits to absor
- 28 Jan 2009 14:59Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated January 27, 2009, titled "Gulf Oil Turnover Increases by 15% in Q3". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gulfoil_PR_28012009.zip target=NEW> For more details click here.</a>
- 27 Jan 2009 18:11Other
Gulf Oil Corporation Limited has informed the Exchange that the shareholders and unsecured creditors of the Company have at their respective meetings held on January 12, 2009 approved the Scheme of Arrangement between Gulf Oil Corporation Limited and IDL Speciality Chemicals Limited, a wholly owned subsidiary, with requisite majority. Chairpersons of the respective meetings have filed their Report in the Andhra Pradesh High Court on January 20, 2009 to this effect.
- 30 Dec 2008 18:59Other
Gulf Oil Corporation Limited has informed the Exchange that by an Order made on December 08, 2008, the High Court of Judicature of Andhra Pradesh at Hyderabad has directed that a meeting of the Unsecured Creditors and Equity Shareholders of Gulf Oil Corporation Limited be convened on January 12, 2009 for the purpose of considering, and if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement proposed to be made between Gulf Oil Corporation Limited and IDL Speciality Chemicals Limited, formerly known as IDL Agro Chemicals Limited. A copy o
- 27 Oct 2008 19:38Board meeting
Gulf Oil Corporation Limited has informed the Exchange vide its letter dated October 27, 2008 that "In the Board Meeting held today, the Board has approved, in principle, a scheme of arrangement for restructuring the business and operations of the Speciality Chemicals Division by transferring to IDL Agrochemicals Limited, a wholly owned subsidiary; and in turn transferring agriculture related business of the said subsidiary alongwith the land in favour of the holding company. The Speciality Chemicals Divisions has its facilities at Pashamylaram, Medak District, Andhra Pradesh, for manufacture
- 26 Sept 2008 12:34Management
Gulf Oil Corporation Limited has informed the Exchange that the Board of Directors, at its meeting held on September 25, 2008, appointed Mr. Prakash Shah, a former Ambassador and Permanent Representative of India to the UNO as an Additional Director. He is an Independent Director. Further, Mr. Alain V Dujean, Director, forming part of Promoters Category, has resigned effective September 25, 2008.
- 26 Sept 2008 09:43AGM / meeting
Gulf Oil Corporation Limited has informed the Exchange that the shareholders of the Company at the Annual General Meeting held on September 25, 2008 have approved all the resolutions as proposed including : a) Payment of Dividend @ Rs. 1.50 per share. b) Re-appointment of Mr. S Pramanik as Managing Director w.e.f. July 08, 2008. c) Raising of US$ 100 million by way of issue of GDR/ADR/FCCB or otherwise (as was passed by the shareholders last year).
- 14 Aug 2008 19:22Corporate action
Gulf Oil Corporation Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will be closed for the period from 16th September, 2008 to 25th September, 2008 (both the days inclusive) for the purpose of Dividend and Annual General Meeting to be held on 25th September, 2008.
- 26 Jul 2008 14:20Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated July 24, 2008, titled "Gulf Oil Gross Turnover Increases by 35% and Profit by 5% in Q1". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/GulfOil_PR_26072008.zip target=NEW> For more details click here.</a>
- 27 May 2008 17:06Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated May 26, 2008, titled "Gulf Oil Turnover Increases by 24% and Profit by 9% for F 2008". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GulfOil_PR_27052008.zip target=NEW> For more details click here.</a>
- 26 May 2008 10:21Management
Gulf Oil Corporation Limited has informed the Exchange that : "The Board of Directors of the Company at their meeting held on 24th May, 2008 at Mumbai reappointed Mr. Subhas S Pramanik as Managing Director for another period of 3 years w.e.f. 8th July, 2008, subject to the approval of shareholders at Annual General Meeting".
- 26 May 2008 09:16Dividend
Gulf Oil Corporation Limited has informed the Exchange that the Board, at its meeting held on May 24, 2008 recommended payment of Dividend @ Rs.1.50 per share for the year 2007-08, subject to the approval of shareholders at Annual General Meeting.
- 08 Apr 2008 17:01Other
Gulf Oil Corporation Limited has informed the Exchange that the Company are proposing to publish the Audited Financial Results for the period ended March 31, 2008, within three months from the expiry of the said period, i.e. before June 30, 2008. Further, the Company will not publish unaudited quarterly results for the quarter ended on March 31, 2008.
- 30 Jan 2008 19:00Business update
Gulf Oil Corporation Limited has informed the Exchange regarding a press release dated January 30, 2008, titled "Gulf OIL Turnover Increases by 25% in Q3". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gulf_PR_30012008.zip target=NEW> For more details click here.</a>
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