 "Gulf Oil International divests 4% stake in Gulf Oil Lubricants India for over Rs 263 crore, impacting share prices dramatically.")
Gulf Oil International divests 4% stake in Gulf Oil Lubricants India for over Rs 263 crore, impacting share prices dramatically.
Gulf Oil International Mauritius Inc. has successfully sold a 4 percent stake in Gulf Oil Lubricants India for over Rs 263 crore through open Market transactions. The sale involved approximately 1.95 million shares at an average price of Rs 1,351 each, lowering Gulf Oil International’s ownership from 71.76 percent to 67.8 percent. Notable buyers included ...
