
GOCL Corporation Ltd
GOCL Corporation Ltd Company History
GOCL Corp. is in the business of Energetics, Mining & Infrastructure Services and Realty.
2000
Two key promoters of Astra-IDL Hindujas-owned IDL Industries and Anglo-Swedish drug major AstraZeneca agreed to AstraZenecaÂs acquisition of IDLÂs 25.75 per cent in the company.
2000
2001
It's signed, sealed and delivered. IDL Industries has completed the transfer of its 25.75 per cent equity in pharma company Astra-IDL to Anglo-Swedish multinational AstraZeneca years after the two companies first began talking about parting ways
2001
2002
IDL Industries Ltd has approved in principle a proposal for the merger of Gulf Oil India Ltd with the company.
The board of Gulf Oil Limited and IDL Industries Limited have approved 2:1 ratio for the merger of both the companies.The merger ratio approved by the companies involves issue of one equity share of IDL for every two shares of Gulf Oil.
High Courts of Andhra Pradesh and Bombay have approved the merger and the detailed orders for filing with the Registrar of Companies of the states of Andhra Pradesh and Maharashtra are expected shortly.
2002
2003
Gulf Oil Corporation Ltd (GOC), together with Oil Bangladesh Ltd (OBL) has set up a joint venture (JV) company, called Gulf Oil Bangladesh Ltd (GOBL)
Signed an agreement on July 3, 2003, with Oil Bangladesh Ltd for forming a joint venture at Bangladesh.
Entered into an agreement to sell and develop the land located at Malleswaram through a Joint venture with M/s Abhishek Developers, a part of the Marnti Group, at Bangalore
Flagship of the Hinduja group has set up a joint venture with Tarapur Grease Industries Pvt Ltd and PT Tawang Swasti Rawikara of Indonesia to manufacture as well as to sell its slew of lubricants and greases in the Indonesian market.
Unveiled a new range of car care products which includes dashboard polish, glass and crystal cleaner, multi-functional fluid, multi-purpose grease for rotating surfaces, a/c cleaner, inflates & repair,and deoxidiser.
A powerful blast at IDL Ltd, a part of the Gulf Oil Corporation, killed seven workers and wrecked damage on some of the plant facilities in Kukatpally area on Nov 25.
Appointed Mr Justice A. Gopal Rao, retired High Court Judge, as a one-member commission of inquiry into the recent blast in one of the units of Gulf Oil Corporation Ltd.
2003
2004
Gulf Oil Corporation has appointed RB Ananth, a mechanical engineer, as vice-president (VP) of its operations.
Gulf Oil Corporation Ltd (GOCL) acquires manufacturing facility of a bulk drug unit at Hyderabad for producing active pharmaceutical ingredients (APIS) and speciality chemicals.
2004
2005
Gulf Oil receives Capexil export award for '04-05
2005
2007
The Company has splits its face value from Rs10/- to Rs2/-.
2007
2008
Gulf Oil Corporation Ltd has recommended payment of Dividend @ Rs 1.50 per share
2008
2009
IDL Speciality Chemicals Ltd, a 100% subsidiary of the Company, has entered into a definitive agreement to sell the API undertaking to Biocon Ltd
2009
2010
Company has entered into a Joint Development Agreement for development of the 39 acres 27 guntas of the Company's Bengaluru (Yelahanka) land with Hinduja Realty Ventures Ltd
Gulf Oil Corporation Ltd Issues Rights in the Ratio of 1:3
2010
2011
Gulf Oil Corporation Ltd has recommended payment of Dividend Rs. 2/- per share
2011
2012
Gulf Oil Corporation enters agreement with Hinduja Estates for developing Hyderabad land
Gulf Oil Corporation surges over 11% on land development pact with Hinduja Group
"Gulf Oil acquires global market leader in Metal Working Fluids, US-based Houghton International Inc. for USD 1045m".
2012
2013
Gulf Oil launches synthetic motor oil for utility vehicles, luxury cars for the year 2013.
Gulf Oil to demerge the lubricants business into a separate company.
2013
2014
Gulf Oil International Mauritius (GOIMI) acquires majority stake in Gulf Oil Corpporation for the year 2014.
"Gulf Oil Corporation Demerger into Two Listed Companies" for the year 2014.
Board recommended a Dividend of 125%".
2014
2015
The Company has changed its name from Gulf Oil Corporation Ltd to GOEL Corporation Ltd.
2015
2016
GOCL Corporation bags Rs 127.71 cr supply order
2016
2018
Commencement Of Lease At 'Ecopolis' Project Of The Company Situated At Yelahanka, Bengaluru.
2018
2022
Amalgamation/Merger of its wholly owned subsidiary, APDL Estates Limited ("Transferor Company") with GOCL Corporation Limited ("Transferee Company").
2022