Bigul

OIL INDIA LTD. - 533106 - Corporate Action-Board approves Dividend

Outcome of Board Meeting (ii) Recommended Final Dividend of Rs.1.60/- (Rupees one and sixty paisa only) per share (i.e.16% on the paid-up equity share capital) for the financial year 2019-20 subject to approval of the shareholders at the ensuing Annual General Meeting (AGM). The Final dividend 2019-20 would be paid within 30 days from the date of its declaration at the AGM.
26-06-2020
Bigul

OIL INDIA LTD. - 533106 - Outcome Of Board Meeting (I) Audited Financial Results For The Quarter And Year Ended 31St March, 2020 (Standalone And Consolidated) (Ii) Recommendation Of Final Dividend For FY 2019-20

Pursuant to regulation 30, 33 and 43 of the SEBI (LODR) Regulations, 2015, the Board of Directors in its meeting held today i.e. on 26th June, 2020 has inter-alia: (i) Approved the Audited Financial results for the quarter and year ended 31st March, 2020 on standalone and consolidated basis. A Copy of the financial results along with the Auditors' Report are attached herewith. Further, pursuant to SEBI Circular no. CIR/CFD/CMD/56/2016, dated May 27, 2016, the statutory auditors have expressed an unmodified opinion on the standalone and consolidated financial results of the company for the year ended 31st March, 2020. (ii) Recommended Final Dividend of Rs.1.60/- (Rupees one and sixty paisa only) per share (i.e.16% on the paid-up equity share capital) for the financial year 2019-20 subject to approval of the shareholders at the ensuing Annual General Meeting (AGM). The Final dividend 2019-20 would be paid within 30 days from the date of its declaration at the AGM.
26-06-2020
Bigul

OIL INDIA LTD. - 533106 - Outcome Of Board Meeting (I)Audited Financial Results For The Quarter And Year Ended 31St March, 2020 (Standalone And Consolidated) (Ii)Recommendation Of Final Dividend For FY 2019-20

Outcome of Board Meeting (i) Audited Financial Results for the quarter and year ended 31st March, 2020 (Standalone and Consolidated) (ii) Recommendation of Final Dividend for FY 2019-20
26-06-2020
Bigul

OIL INDIA LTD. - 533106 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We write further to our earlier press release announcements on the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Press Release dated 25.06.2020 on the above subject is submitted for your information & record please.
26-06-2020
Bigul

Incessant rains hamper Baghjan blowout control operations in Assam

Currently, there is only one connecting road, Plastic Park Road, which is narrow at places, resulting in challenges in movement of men and material, according to an OIL statement
26-06-2020
Bigul

OIL INDIA LTD. - 533106 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayOIL INDIA LTD. 2CINL11101AS1959GOI001148 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY AAA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Mr. A.K. Sahoo Designation: Company Secretary EmailId: ajayasahoo@oilindia.in Name of the Chief Financial Officer: Mr. Harish Madhav Designation: Director Finance EmailId: harish_madhav@oilindia.in Date: 25/06/2020 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
25-06-2020
Bigul

OIL INDIA LTD. - 533106 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We write further to our earlier press release announcements on the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Press Release dated 24.06.2020 on the above subject is submitted for your information & record please.
25-06-2020
Bigul

OIL INDIA LTD. - 533106 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We write further to our earlier press release announcements on the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Press Release dated 23.06.2020 on the above subject is submitted for your information & record please.
24-06-2020
Bigul

OIL INDIA LTD. - 533106 - Announcement under Regulation 30 (LODR)-Credit Rating

Rating Action by 'Fitch Ratings' Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby notified that: Fitch Ratings has revised the Outlook on India''s ''BBB-'' sovereign rating to Negative from Stable on 18th June 2020. Following the said revision, Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDR) of Oil India Limited (''the Company'') to Negative from Stable on 22nd June 2020. The Long-Term IDR of the Company has been affirmed at ''BBB-'' and Standalone Credit Profile (SCP) of the Company is assessed at ''bb+''.
23-06-2020
Bigul

Assam pollution control body withdraws closure notice on Oil India operations

The closure notice served by the Pollution Control Board of Assam (PCBA) on Oil India Ltd (OIL) has been withdrawn, according to the company.The PCB
23-06-2020
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