GULFOILLUB : CLARIFIES NEWS REPORT ON OVERSEAS ACQUISITION PLANS

• Clarification sought by BSE and NSE on Economic Times article dated November 2, 2026 captioned "Hinduja's Gulf Oil scouts acquisitions in Asia, South America ahead of global listing" • Company said the article pertains to an interview with the Chairman of Gulf Oil International on its global acquisition and expansion plans • Company clarified it has not entered into any negotiations with respect to global expansion or acquisition plans • Article also highlighted Q2 FY27 performance and capacity expansion plans of Gulf Oil Lubricants India, already intimated to exchanges • Company said the movement in its share price was market-driven and it has no control over the same • Confirmed no event prior to publication required disclosure under Regulation 30 of SEBI Listing Regulations

Gulf Oil Lubricants India Ltd

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