Gulf Oil Lubricants India Limited
Bajaj Allianz Life Insurance's 1.03 percent stake in Gulf Oil Lubricants India Limited has vanished from the latest shareholder list. The insurance company either fully exited its position or trimmed it below the 1 percent regulatory disclosure threshold.
A leading manufacturer and marketer of automotive and non-automotive lubricants, Gulf Oil Lubricants produces specialized oils and greases for diverse industrial applications and consumer segments. The company ranks among India's top three private sector lubricant manufacturers, serving customers across automotive, industrial, commercial, and consumer markets with a comprehensive product portfolio and extensive distribution network.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.