Gulf Oil Corporation Limited has informed the Exchange that the shareholders of the Company at the Annual General Meeting held on July 31, 2009 have approved all the Resolutions as proposed including: 1) Payment of Dividend @ Rs.1.70 per share. 2) Appointment of Mr. Prakash Shah as Director of the Company. 3) Raising of US$ 100 million by way of issue of GDR/ADR/FCCB or otherwise (as was passed by the shareholders last year).4) Raising of capital by issue of further shares on rights basis and allotment of upto 2,47,86,245 Equity Shares of Rs. 2/- each at a premium of Rs. 30/- per Equity Share".
| NIFTY 
