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Gulf Oil Lubricants Urges Physical Shareholders to Update KYC Details

Gulf Oil Lubricants Urges Physical Shareholders to Update KYC Details

September 03, 2025 / 17:28 IST
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GULF OIL LUBRICANTS INDIA: In compliance with SEBI regulations, Gulf Oil Lubricants India Limited (GOLIL)
notified shareholders on September 3, 2025, regarding mandatory KYC updates. This action aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023.

GOLIL is directing shareholders holding physical shares to update KYC information via specified forms and documentation to
KFin Technologies Limited, the company's Registrar and Share Transfer Agent (RTA).

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Effective immediately, shareholders failing to comply with KYC norms will face restrictions, according to the September 2, 2025, communication.
Specifically, these shareholders can only lodge grievances or request RTA services upon providing complete KYC details.

Furthermore, payments including dividends, interest, or redemption amounts, will be processed solely for shareholders with complete KYC data.
Starting April 1, 2024, all such payments will be exclusively disbursed electronically.