HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Submission Of Information Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to make the disclosure as enclosed. HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
In continuation of our intimation dated December 10, 2020, please find attached a copy of the Postal Ballot Notice dated December 10, 2020 together with the Explanatory Statement thereto, seeking approval of the members of the Company by way of an ordinary resolution for entering into a material related party transaction as set out in the Notice. HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Outcome Of The Board Meeting Held On December 10, 2020
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors had at their meeting held on December 10, 2020, inter alia, transacted the following item of business. 1. Approved the material related party transaction to be entered into with M/s. Vyoman Tradelink India Private Limited (Vyoman), a company in which Mr. Ashok Kumar Goel (DIN: 00025350), Director of HOEC, is a member and director, whereby HOEC is granted a medium term loan facility for a sum of Rs. 150 Crores, subject to approval of the shareholders by way of postal ballot (through remote e-voting) in accordance with the relevant MCA circulars. The above information is also available on the website of the Company - www.hoec.com HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the details of related party transactions on a consolidated basis, drawn in accordance with applicable accounting standards for the half year ended September 30, 2020
HOEC: on a slippery ground
Lower LNG prices impacted HOEC's realisations, development of new blocks a key trigger for growth HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Submission Of Information Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to make the following disclosure. The Company and Adbhoot Estates Private Limited ('Adbhoot') are holding 50% participating interest each under the Revenue Sharing Contract (RSC) for the block MB/OSDSF/B80/2016, an offshore oil field in Mumbai High. HOEC is the Operator to the block. The Company has now entered into a Deed for Assignment and Assumption with Adbhoot for assigning 10% of its participating interest in the field in favor of the Company. This in effect would increase HOEC's participating interest from 50% to 60% in the block. The Company has made necessary application to the Directorate General of Hydrocarbons in this regard on 7th December 2020 and the said assignment and assumption is subject to approval of the Government of India. The Company is in the process of securing a loan facility in due compliance of the law to meet this additional capital costs. HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will participate in 'The Valorem CXO Meet' event over a video call with various investors/analysts on Friday, 27th November 2020 to discuss in detail about the ordinary course of business and about the industry. HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Investor Presentation for the quarter and half year ended September 30, 2020. HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Earnings Presentation
In connection with the Earnings Call scheduled on November 12, 2020, please find attached the Earnings Presentation. HINDUSTAN OIL EXPLORATION CO.LTD. - 500186 - Financial Results For The Quarter And Half Year Ended September 30, 2020
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Unaudited Standalone and Consolidated Financial Results of the Company as per Indian Accounting Standards (IND-AS) for the quarter and half year ended September 30, 2020 along with the Limited Review Reports issued by the Auditors thereon.