GULFOILCOR

Gulf Oil Corporation Limited has informed the Exchange regarding Shareholders/Investors Communication of the Company dated June 25, 2014.

Gulf Oil Corporation Limited has informed the Exchange regarding Shareholders/Investors Communication of the company dated June 02, 2014.

Gulf Oil Corporation Limited has informed the Exchange that the High Court of Andhra Pradesh has approved the Scheme of Arrangement on April 16, 2014. The Certified copy of the Order was received by the Company on May 08, 2014.

Gulf Oil Corporation Limited has submitted to the Exchange a copy of Letter/Notice being sent to the Shareholders of the Company to opt for Demat Shares, to be issued after the Scheme of Arrangement comes into effect.

Gulf Oil Corporation Limited has informed the Exchange that the Company's Promoter, Gulf Oil International (Mauritius) Inc. (GOIMI) has recently acquired additional shares to the extent of 4.99%, increasing their shareholding in the Company to 54.96%. With this, the Company becomes subsidiary of GOIMI.

Gulf Oil Corporation Limited has informed the Exchange regarding the Outcome of Court Convened Meeting of the Equity Shareholders and the Unsecured Creditors of the Company held on January 30, 2014.

Gulf Oil Corporation Limited has informed the Exchange that pursuant to the recommendation of the Committee of Directors, the Board at its Meeting on May 25, 2013 decided in principle to demerge the Lubricants business into a separate listed Company. Detailed Scheme of Arrangement will be considered by the Board in the next Meeting.

Gulf Oil Corporation Limited has informed the Exchange vide letter dated April 26, 2013 regarding "Accident at Hyderabad Factory".

Gulf Oil Corporation Limited has informed the Exchange vide letter dated April 19, 2013 that "Further to our earlier communication of 20th April 2012, the Company had appealed to the Competition Appellate Tribunal (COMPAT) against the order of the Competition Commission of India (CCI). The COMPAT has issued a final order in the Appeal on 18th April 2013 and decided reduction of the penalty to 10% (Rs. 2.89 crores) as against the penalty of Rs. 28.95 crores imposed by the CCI. The Company is awaiting certified copies of the order passed by the COMPAT and is, in the meantime, taking suitable leg

Gulf Oil Corporation Limited has informed the Exchange vide letter dated March 13, 2013 regarding updates on "Leased Land at Hyderabad".

Gulf Oil Corporation Limited has informed the Exchange vide it letter dated February 07, 2013 regarding Divestment of 100% shares in IDL Explosive Limited, a wholly owned subsidiary of the Company.

Gulf Oil Corporation Limited has informed the Exchange vide letter dated July 30, 2012 regarding "Joint Development Agreement for the Company's Hyderabad land".

Gulf Oil Corporation Limited has informed the Exchange that the Company has come to know through the print media that the Competition Commission of India has passed an order in a Case filed by Coal India Limited (the Informant), in which the Company is one of the opposite parties that certain penalty has been imposed on the Company for certain dealings with Coal India Limited during 2010. The Company is awaiting certified copies of the order passed by the Commission and is, in the meantime, taking suitable legal steps to make necessary appeals and take other actions as may be advised.

Gulf Oil Corporation Limited has informed the Exchange, vide letter dated March 27, 2012 regarding "Notification of our Bengaluru Project as Special Economic Zone".

Gulf Oil Corporation Limited has informed the Exchange vide its letter dated February 06, 2012 that "Divestment of 100% shares in IDL Explosives Limited".

Gulf Oil Corporation Limited has informed the Exchange that by an Order dated December 03, 2011, the Hon'ble High Court of Andhra Pradesh, in a Writ Petition filed by the Company challenging the Tribunal's order of September 17, 2011, passed the following order : "In the meanwhile, the parties will maintain status-quo with regard to possession until disposal of the writ petition particularly since the petitioner has been in possession of the suit lands since 1964. The application stands disposed of ".

Gulf Oil Corporation Limited had informed the Exchange that the Petition filed by the Udasin Mutt against the Company in the Endowment Tribunal has been allowed and the Company is required to handover the leasehold land at Kukatpally. The Company is taking steps to file an appeal against the Tribunal's Order. Further, the Company has now informed the Exchange that "We wish to clarify that the land in question is contiguous to our plant at Hyderabad and are being utilized for a few magazines and maintaining necesary safety distances in certain areas. The Tribunal Order received recently has bee

Gulf Oil Corporation Limited has informed the Exchange that the Petition filed by the Udasin Mutt against the Company in the Endowment Tribunal has been allowed and the Company is required to handover the leasehold land at Kukatpally. The Company is taking steps to file an appeal against the Tribunal's Order.

Gulf Oil Corporation Limited has submitted to the Exchange a copy of Abstract of the terms of reappointment of Managing Director pursuant to Section 302 of the Companies Act, 1956, being sent to the Shareholders of the Company.

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.

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.

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".

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.

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.

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".

Gulf Oil Corporation Limited has informed the Exchange that: "The Company had filed special leave petition in the supreme court against the impugned order dated 11.4.2006 of the orissa High Court, wherein the transaction for movement of goods from Rourkela factory in Orissa to Coal India Limited through the Company's consignment agents outside the State was held as inter-state sale, for the assessment years 1976-77 to 1983-84, 1989-90 and 1990-91. The supreme Court has disposed the SLP vide its order dated 16.11.2007 and upheld the earlier order of the Orissa high Court. The Court has ordered