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INDIAN OIL CORPORATION LTD. - 530965 - Announcement under Regulation 30 (LODR)-Change in Directorate

 In accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, it is hereby notified that in terms of MoP&NG;'s communication dated 24.03.2020, Dr. Navneet Kumar Kothari (DIN-02651712) has been appointed as Government Nominee Director on the Board of IndianOil with effect from 25.03.2020 on co-terminus basis in place of Mr. Ashish Chatterjee. Dr. Kothari is an IAS officer of 2001 Batch of Madhya Pradesh Cadre. He has worked in various departments in the Govt. of Madhya Pradesh which include Agriculture Cooperation & Farmer Welfare and Finance. It is confirmed that Dr. Kothari is not related to any other Directors of the Company. It is further confirmed that Dr. Kothari is not debarred from holding the office of Director by virtue of any order of SEBI/ any other Authority. The above is for information and record please.
26-03-2020
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IOC cuts refinery run-rate by one-fourth as fuel demand evaporates

 With flights being suspended and vehicles staying off the road due to nationwide lockdown, India's largest oil firm IOC on Wednesday said it is cutti
25-03-2020
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Tokyo 2020 Games postponement has no impact on Paris 2024 Olympics, says organiser

 The 2020 Games were delayed until no later than summer 2021 by the IOC and Japanese Prime Minister Sinzo Abe
25-03-2020

Japan says Tokyo Olympics may be postponed due to coronavirus

 The International Olympic Committee (IOC) said on Sunday after an emergency meeting that it is stepping up its "scenario planning" for the 2020 Games due to start on July 24, including a possible postponement.
23-03-2020
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Indian Oil reduces ATF prices by 12 per cent

 ATF rates to be reviewed fortnightly; Normal operations across country despite COVID-19 constraints: IndianOil
21-03-2020

Coronavirus pandemic | Norwegians: Olympics must wait until virus 'under control'

 The body said it urged the IOC to provide an insight on the central milestones in the process leading to the final decision on whether the games will be held.
21-03-2020
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Cloud over 2020 Tokyo Olympics as coronavirus hits sporting events globally

 IOC president Thomas Bach on Wednesday has stressed it's too early to decide the fate of 2020 Tokyo Olympic Games amid the ongoing coronavirus pandemic
19-03-2020

Indian Oil Corporation raises Rs 2,995 cr debt to meet capex

 The company "issued 29,950 unsecured, rated, taxable, redeemable, non-convertible debentures of Rs 10,00,000 each aggregating to Rs 2,995 crore on a private placement basis on March 6, 2020, to meet its capex (capital expenditure) requirement," it said in a regulatory filing.
16-03-2020
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Indian Oil Corporation Ltd - 530965 - Announcement under Regulation 30 (LODR)-Issue of Securities

 In accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, it is hereby notified that the Company has issued 29,950 Unsecured, Rated, Taxable, Redeemable, Non-convertible Debentures (Series - XVI) of Rs. 10,00,000 each aggregating to Rs. 2,995 Crores on Private Placement basis on 6th March 2020 to meet its Capex requirements.
16-03-2020
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IndianOil is now sourcing LPG for North East from Bangladesh to save transportation cost

 If you are in Tripura, chances are there is a bit of Bangladesh in your food. Because, IndianOil (IOC) is now sourcing LPG or cooking gas from Bangla
14-03-2020
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