Arjun Verma, Executive Director and CFO, GP Petroleums Limited, said Rahul Arun Shetty’s experience across global investment banking and real estate will contribute to capital allocation and international plans as he begins a two year term as Additional Director, Non Executive, Independent
GP Petroleums Limited has appointed Rahul Arun Shetty as Additional Director, Non Executive, Independent, for a two year term beginning September 21, 2026, adding investment banking, real estate and capital markets experience to its Board.
Shetty brings close to 20 years of professional experience and is the Founder and Director of Optimus Investments, a London headquartered firm involved in structuring UK real estate transactions, asset management mandates and capital raising for international investors since 2019.
Earlier in his career, Shetty worked in investment banking with Lehman Brothers, Nomura and Barclays. He also currently serves as a Non Executive Independent Director on the board of Vedanta Power.
At GP Petroleums Limited, Shetty will also serve as a Member of the Audit Committee and Corporate Social Responsibility Committee.
The appointment comes as the company works on expanding its lubricants business and increasing its presence across domestic and international markets.
GP Petroleums said the addition is part of its approach to bringing experience from outside the lubricants industry into its governance and decision making.
“We are pleased to welcome Mr. Shetty to the GP Petroleums Board,” said Arjun Verma, Executive Director and CFO, GP Petroleums Limited. “His years of experience across global investment banking and real estate give him a perspective that will be valuable to us, particularly as we think about capital allocation and our plans outside India. We look forward to his contribution as we take the business forward.”
Shetty is expected to contribute to Board oversight of financial strategy and governance as GP Petroleums develops its manufacturing and distribution presence for its IPOL lubricants portfolio.
Commenting on his appointment, Rahul Arun Shetty, Additional Director, Non Executive, Independent, GP Petroleums Limited, said, “It’s a privilege to join the Board of GP Petroleums Limited. I look forward to working with the Board and the management team, and to being part of the Company’s growth story in the years ahead.”
GP Petroleums Limited manufactures and markets automotive and industrial lubricants under its IPOL brand. Its portfolio includes engine oils, greases and specialty lubricants for automotive, industrial and marine applications.
The company operates a blending facility and distribution network across India and is listed on BSE and NSE.
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