GP Petroleums Ltd (GULFPETRO) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by GP Petroleums Ltd on NSE and BSE, with an AI summary of each filing.
Investor Presentation for the unaudited financial results of the quarter and half year ended September 30, 2026
Investor Presentation · 29 Oct 2026, 12:18 am
GP Petroleums Q2 FY27 Financial Results and Growth Strategy Update GP Petroleums reported strong Q2 FY27 results, with revenue rising 124% YoY and 48% QoQ to ₹340.75 crore. EBITDA grew 157% YoY to ₹21.04 crore (down 26% QoQ), while PAT surged 179% YoY to ₹15.27 crore (down 28% QoQ) with an EPS of ₹3.00, impacted by rising raw material costs and a higher trading mix (35%). H1 FY27 revenue reached ₹571.08 crore with PAT of ₹36.46 crore. Key strategic moves include approving a ₹130 crore fundraise and acquiring Pipavav Terminal shares for ~₹44.27 crore.
GP Petroleums Limited has informed the Exchange about change/elevation of Directors and senior management personnel.
Outcome · 27 Oct 2026, 10:46 pm
Change/Elevation in Directors and Senior Management Personnel.
Change in Management · 27 Oct 2026, 10:41 pm
GP Petroleums Announces Board Reconstitution and Senior Leadership Elevations GP Petroleums approved key leadership changes effective 27th Oct'26. Arjun Verma has been elevated from Whole Time Director to Managing Director for three years. Ayush Goel is re-designated from Chairman & Managing Director to Executive Chairman through 5th Jan'31. Dilip Vaswani has been designated as Co-Chairman. Within senior management, Jogesh Sharma is elevated to Chief Operating Officer – Lubricants, and Sunil Kumar Shetty is promoted to Chief Human Resource Officer. The board also approved unaudited standalone and consolidated Q2 and H1 FY27 results.
Press Release titled - GP Petroleums Q2 FY27 PAT rises 179% YoY to 15.3 crores, Revenue from Operations for Q2 jumps 124% YoY to Rs. 340.8 Cr.
Press Release · 27 Oct 2026, 10:30 pm
GP Petroleums Q2FY27 PAT Surges 179% YoY on Strong Revenue Growth GP Petroleums reported robust Q2FY27 results on 27th Oct'26, with revenue from operations surging 124% YoY to ₹340.8 crore and PAT jumping 179% YoY to ₹15.3 crore. EBITDA grew 157% YoY to ₹21.04 crore, expanding margins to 6.2% from 5.4% in Q2FY26. For H1FY27, revenue rose 84% YoY to ₹571.1 crore, while PAT surged 206% YoY to ₹36.5 crore. The board approved raising up to ₹130 crore via structured NCDs and OCDs with RevX to strengthen working capital and fund specialty expansion.
Outcome of Board Meeting held on October 27, 2026
Outcome · 27 Oct 2026, 8:28 pm
Unaudited financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2026.
Financial Result · 27 Oct 2026, 8:25 pm
GP Petroleums Limited has submitted to the Exchange, the unaudited financial results (standalone & Consolidated) for the period ended September 30, 2026.
Outcome · 27 Oct 2026, 8:19 pm
GP Petroleums Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakhs) ■ Revenue: 34,075 (+123.7% YoY | +47.9% QoQ) ■ EBITDA: 2,104 (+156.6% YoY | -25.9% QoQ) ■ EBITDA Margin (%): 6.2 (+79 bps YoY | -615 bps QoQ) ■ PAT: 1,465 (+167.9% YoY | -28.8% QoQ) ■ EPS (INR): 2.87 (+168.2% YoY | -29.0% QoQ) GP Petroleums Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakhs) Segmental Performance Manufacturing ■ Revenue: 22,083 (+64.2% YoY | +21.1% QoQ) ■ EBIT: 1,662 (+98.6% YoY | -35.7% QoQ) ■ EBIT Margin (%): 7.5 (+130 bps YoY | -665 bps QoQ) Trading ■ Revenue: 11,992 (+570.7% YoY | +149.9% QoQ) ■ EBIT: 442 (Loss to Profit YoY | +74.0% QoQ) ■ EBIT Margin (%): 3.7 (Loss to Profit YoY | -161 bps QoQ)
GP Petroleums Limited has informed the Exchange about Board Meeting to be held on 27-Oct-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 27 Oct 2026, 5:30 am
GP Petroleums Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve Un-audited (Standalone & Consolidated) ....
Intimation · 27 Oct 2026, 5:30 am
GP Petroleums Schedules Board Meeting to Consider Q2 Results GP Petroleums Limited announced that its Board of Directors will meet on 27th Oct'26 via video conferencing to consider and approve the un-audited standalone and consolidated financial results for the quarter and half year ended 30th Sep'26. Additionally, the trading window for dealing in company securities remains closed for designated persons and their immediate relatives until further notice in compliance with insider trading regulations.
To consider and approve the financial results for the period ended September 30, 2026 and other business matters with the permission of chairman.
Intimation · 27 Oct 2026, 5:30 am
Re-constitution of Nomination and Remuneration Committee and Risk Management Committee.
Others (Uncategorized) · 14 Oct 2026, 9:53 pm
GP Petroleums Announces Independent Director Resignation and Committee Reconstitution GP Petroleums Limited announced that Non-Executive Independent Director Sukumaran Jeyakrishnan resigned effective 13th Oct'26 due to personal reasons, with no other material factors cited. Consequently, he ceased to be Chairperson of the Nomination and Remuneration Committee (NRC) and Member of the Risk Management Committee (RMC). The Board reconstituted both panels via circular resolution: Rajesh Mittal now chairs the NRC alongside members Dilip Vaswani and Rahul Arun Shetty, while Priyanka Sinha chairs the RMC alongside members Arjun Verma and Dilip Vaswani.
Resignation of Non-Executive Independent Director and Re-constitution of Nomination & Remuneration Committee and Risk Management Committee of the Company.
Change in Management · 14 Oct 2026, 9:36 pm
GP Petroleums Announces Independent Director Resignation and Board Committee Reconstitution GP Petroleums Limited announced that Non-Executive Independent Director Sukumaran Jeyakrishnan resigned effective 13th Oct'26 due to personal reasons, citing cross-border time differences impacting meeting coordination. Following his departure, Jeyakrishnan also stepped down from the Nomination and Remuneration Committee and Risk Management Committee. Consequently, the Board reconstituted both committees via circular resolution: Rajesh Mittal now chairs the Nomination and Remuneration Committee alongside members Dilip Vaswani and Rahul Arun Shetty, while Priyanka Sinha chairs the Risk Management Committee alongside Arjun Verma and Dilip Vaswani.
GP Petroleums Board approves Rs. 44.27 Cr minority investment with Management Control of Incubit Pipavav Terminal Private Limited.
Press Release · 13 Oct 2026, 10:40 pm
GP Petroleums Approves ₹44.27 Crore Strategic Investment in Incubit Pipavav Terminal GP Petroleums Limited's board approved a proposed minority equity investment of approximately ₹44.27 crore with management control in Incubit Pipavav Terminal Private Limited (IPTPL). The transaction marks the company's entry into liquid-storage and terminal logistics at Pipavav Port, Gujarat, diversifying revenue beyond core lubricants into recurring storage and handling income. The acquisition from existing IPTPL shareholders will be funded entirely via internal reserves in multiple tranches over one year, subject to valuation adjustments, regulatory approvals, and customary closing conditions.
Appointment of Mr. Shirish Suvagia as Chief Financial Officer of the Company w.e.f. October 15, 2026 and Resignation of Mr. Arjun Verma from Chief Financial Officer of the Company w.e.f. ....
Change in Management · 13 Oct 2026, 10:32 pm
GP Petroleums Approves ₹44.27 Crore Acquisition and Appoints New CFO GP Petroleums approved the acquisition of equity shares in Incubit Pipavav Terminal Private Limited for an aggregate consideration of INR 44.27 crore, funded via internal reserves over a one-year period in multiple tranches. The strategic investment aims to leverage synergies in tank storage and terminal infrastructure. Additionally, the board approved the appointment of Shirish Suvagia as Chief Financial Officer effective 15th Oct'26, succeeding Arjun Verma, who resigned from the CFO position due to personal reasons but continues as Whole-Time Executive Director.
Outcome of the Board Meeting held on October 13, 2026
Others (Uncategorized) · 13 Oct 2026, 7:30 pm
GP Petroleums Approves Strategic Pipavav Terminal Acquisition and CFO Transition GP Petroleums approved the acquisition of shares in Incubit Pipavav Terminal Private Limited (IPTPL) for an aggregate cash consideration of ₹44.27 Cr at ₹10.80 per share, funded via internal reserves in multiple tranches over one year. IPTPL operates bulk liquid port storage infrastructure with FY25-26 turnover of ₹38.48 Cr. Additionally, Arjun Verma resigned as Chief Financial Officer effective 15th Oct'26, continuing as Executive Director, while Shirish Suvagia has been appointed as the new CFO.
GP Petroleum''s Board approves strategic fundraise of upto 130 Crores via NCDs and OCDs to accelerate growth.
Press Release · 02 Oct 2026, 12:59 am
GP Petroleums Approves Strategic ₹130 Crore Fundraise via NCDs and OCDs GP Petroleums approved raising up to ₹130 crore via private placement to RevX Special Credit Opportunities Fund II to fund business expansion and working capital needs. The issuance comprises up to ₹30 crore in 36-month NCDs and up to ₹100 crore in 18-month OCDs across tranches, each with a ₹10 lakh face value. Both instruments carry a 13% p.a. coupon rate (compounded monthly, paid quarterly) plus a 1.5% additional coupon on the deemed allotment date. Conversion equity shares will list on BSE and NSE, subject to shareholder approval.
Outcome of Board Meeting to be held on September 30, 2026 for raising of funds through debt issue.
Outcome · 30 Sept 2026, 11:58 pm
GP Petroleums Approves ₹130 Crore Fundraise via NCDs and OCDs On 30th Sep'26, the board of GP Petroleums approved raising up to ₹130 crore via private placement to RevX Special Credit Opportunities Fund II to fund working capital and business growth. The issuance comprises up to ₹30 crore in 36-month unlisted NCDs and up to ₹100 crore in 18-month unlisted OCDs. Both instruments carry a 13% p.a. coupon plus a 1.50% upfront disbursement fee. The OCDs feature an equity conversion option on up to ₹10 crore or 10% exposure, subject to shareholder approval.
GP Petroleums Limited has informed the Exchange about Board Meeting to be held on 30-Sep-2026 to consider and approve Fund raising/Other business.
Intimation · 23 Sept 2026, 9:19 pm
GP Petroleums Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/09/2026 ,inter alia, to consider and approve proposal for raising of funds ....
Intimation · 23 Sept 2026, 9:04 pm
GP Petroleums Board to Consider Fund Raising via Debt Securities on 30th Sep'26 GP Petroleums Limited announced that its Board of Directors is scheduled to meet on 30th Sep'26 to consider and approve a proposal for raising funds. The capital raise is planned through the issuance of debt securities or instruments, including Non-Convertible Debentures (NCDs), Optionally Convertible Debentures (OCDs), or other debt instruments via private placement or other permissible modes in one or more tranches, subject to regulatory approvals. The company's trading window remains closed until further notice.
To consider Fund Raising by way of issuance of debt securities/debt instruments.
Intimation · 23 Sept 2026, 8:59 pm
Appointment of Mr. Rahul Arun Shetty as an Additional Non-Executive Independent Director of the Company for a period of two years commencing from September 21, 2026.
Change in Management · 22 Sept 2026, 6:07 pm
GP Petroleums Appoints Rahul Arun Shetty as Independent Director GP Petroleums Limited approved the appointment of Mr. Rahul Arun Shetty as an Additional Director (Non-Executive, Independent) for a two-year term effective 21st Sep'26, subject to shareholder approval. Shetty brings over 20 years of experience across investment banking and real estate, having worked with Lehman Brothers, Nomura, and Barclays, and currently serves as Founder & Director of Optimus Investments. Following his induction, the board reconstituted its Audit and CSR Committees, inducting Shetty as a member in both.
Resignation of Ms. Sandra Martyres Non-Executive Independent Director of the Company w.e.f. September 21, 2026.
Change in Management · 21 Sept 2026, 8:51 pm
GP Petroleums Independent Director Sandra Martyres Resigns Citing Bandwidth Constraints GP Petroleums Limited announced the resignation of Ms. Sandra Martyres (DIN: 00798406) from her role as Non-Executive Independent Director, effective 21st Sep'26. Consequently, she ceases to be a member of the company's Audit Committee and Corporate Social Responsibility Committee. In her resignation letter, Ms. Martyres cited personal time constraints and insufficient bandwidth to handle extensive agendas, tighter deadlines, and increased meeting frequencies during the company's restructuring and growth phase. She holds no directorships in other listed entities, and no other material reasons were reported.
Resignation of Mr. Harshavardhan Sinha, Non-Executive Non-Independent Director of the Company.
Change in Management · 21 Sept 2026, 2:38 pm
GP Petroleums Director Harshavardhan Sinha Resigns With Immediate Effect GP Petroleums Limited announced the resignation of Non-Executive Non-Independent Director Harshavardhan Sinha (DIN: 09439148), effective 19th Sep'26. Sinha stepped down due to relocation constraints, noting he will be based substantially in the UK to fulfill local residence and immigration requirements, limiting his ability to dedicate the necessary time and presence in India for the board role. Following his resignation letter dated 19th Sep'26, Sinha has ceased to be a director of the company.
Update on Exclusivity Agreement with Incubit DMCC
Others (Uncategorized) · 10 Sept 2026, 10:04 pm
GP Petroleums Updates Terms of Exclusivity Agreement with Incubit DMCC GP Petroleums amended its Exclusivity Agreement with Incubit Management Consultants DMCC. Key updates include reclassifying the USD 100,000 "Exclusivity Fee" as an "Exclusivity Deposit," with the entire amount fully refundable to GP Petroleums within the stipulated period if the proposed transaction is not consummated. Additionally, the counterparty's full legal name was formally clarified. All other terms, disclosures, and the transaction status remain unchanged from prior filings on 19th Aug'26 and 26th Aug'26.
Scrutinizers report and voting results of the 43rd AGM of the Company.
Annual General Meeting · 27 Aug 2026, 12:13 am