Oil and Natural Gas Corporation Ltd - 500312 - Board Meeting Outcome for Outcome Of Board Meeting
The Board has, inter-alia, accorded approval for the following business items: 1. Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Nine Months ended 31st December, 2023 2. Declaration of 2nd interim dividend at the rate of ?4/- per equity share of face value of ?5/- each i.e. @80% for the Financial Year 2023-24 3. Appointment of Shri K. C. Ramesh as Chief Financial Officer (CFO) 4. Approval of Related Party Transaction(s) with respect to Area-1 Offshore Mozambique Project - AssetCo Structure 5. Approval of Related Party Transaction(s) with respect to Area-1 Offshore Mozambique Project - Debt Service Undertaking10-02-2024