Govt decision to sell stakes in ONGC, OIL producing fields to hit state explorers' profit: Report
The sales plan would affect so-called "nomination blocks" or fields handed to state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd. The fields are both onshore and offshore. Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Oil India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Scrutinizer's Report
Pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015, it is hereby informed that all the items of business enlisted in notice of 58th AGM held on 23rd September, 2017 were approved by the shareholders with requisite majority. The details of the Voting Results in the prescribed format and the Scrutinizer's Report are attached. OIL seeks to shareholders' approval raise 7,000 cr through bonds
State-run Oil India Ltd (OIL) will seek shareholders' approval to raise Rs 7,000 crore through bonds. The company has proposed a special resolution at its annual general meeting on September 23, 2017, for raising up to Rs 7000 crore, OIL said in a filing to the BSE. OIL intends to raise the amount through issue of redeemable non-convertible debentures/bonds on private placement basis from domestic as well as international markets in one or more tranches, the filing said. The proposal to confirm payment of interim dividend and to declare final dividend for 2016-17 on equity shares of the company is also listed on the agenda of the meeting. The proposals for appointment of P Chandrasekaran as Director (Exploration & Development) and to adopt financial results for 2017 are also listed on the agenda of the AGM. Fixes Book Closure for Final Dividend & AGM (Cut-off date for e-voting)
Oil India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 16, 2017 to September 23, 2017 (both days inclusive) for the purpose of Payment of Final Dividend & 58th Annual General Meeting (AGM) of the Company to be held on September 23, 2017. Notice Of Annual General Meeting (AGM), Closure Of Register Of Members And Remote E-Voting Facility
58th AGM will be held on September 23, 2017 at 11.00 AM at the Registered Office of the Company at Duliajan, Assam Closure Of Register Of Members
Register of Members and Share Transfer Books will remain closed from September 16, 2017 to September 23, 2017 (both days inclusive) for the purpose of 58th AGM and for reckoning the entitlement of the shareholders for the payment of Final Dividend 2016-17
Oil India Q1 profit drops 9% on low gas price
Oil India Ltd reported a 9% drop in its June quarter net profit after a drop in natural gas price offset gains made from higher oil production