GULFOILLUB : CLARIFIES NO GLOBAL ACQUISITION NEGOTIATIONS

• Clarification on Economic Times article dated November 2, 2026 on Hinduja's Gulf Oil scouting acquisitions in Asia and South America • Company said the news item pertains to an interview with Chairman of Gulf Oil International on global acquisition/expansion plans • Article also highlighted Q2 FY27 performance and capacity expansion plans already intimated to exchanges • Company has not entered into any negotiations on global expansion/acquisition plans • Confirmed no undisclosed event prior to publication requiring Reg 30 disclosure; share price move is market-driven

Gulf Oil Lubricants India Limited

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