NSEUpdates30 Jun 2026 · 30 Jun 2026, 10:36 am
Updates
Oil India Limited · OIL
✦ AI Summary▼ NegativeRegulatory
Oil India Limited has informed the Exchange regarding 'Board Comments on fine levied by the Exchange'. The Company has not complied with certain Listing Regulations, and a fine of Rs. 549,880 (inclusive of GST) has been imposed. The Company is requested to ensure compliance and make the payment of fines within 15 days.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact3/10
Market Sentiment2/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Oil India Limited has informed the Exchange regarding 'Board Comments on fine levied by the Exchange'.
Attachments (1)
📄pdf
Download →
OIL_30062026103617_Boardcomments_signed.pdf
View document text
efi'qa gBqr htHe ffid anqlaqlcorporate office
I Oil India Limitd aYqa EBulotL House,
eflra r{$Er? * adta taYe d.ptot No. 1 9, iqur/Sector-16A,
E6 aFr?rdr rft{lpzr{ alesvNoida-2o1 301 (3.c. ) (u.p.)
ef.mtgqr A Maharatna CPSE under qla/Phone: +91 -1 20-241 9OOO
otl lltDn Government of lndia {-ia/E-mait: oilindia@oilindia.in
OI L/SEC/BSE-NSE/32-33
30th June, 2026
The Manager The Deputy Manager
(Listing Compliance) (Listing Compliance)
BSE Ltd. National Stock Exchange of lndia Ltd.
Department of Corporate Service, Exchange Plaza, Plot No. C/l
Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla
Dalal Street, Mumbai - 400 001 Complex, Bandra (E), Mumbai - 400 051
Scrip Code - 533106 Scrip Code - OIL
Sub:
Non-Compliance with the Requlation relatinq to Board Composition under
SEBI (LODR) Requlations. 2015
Sir/Madam,
We write further to our letter of even no. dated 01.06.2026 relating to fines imposed for non-
compliance of SEBI (LODR) Regulations, 2015 for Quarter ended 31 .03.2026 and submit that
the subject matter was placed before the Board of Directors of the Company in its meeting
held on 29.06.2026. The Board while noting the same, advised to request again to the Stock
Exchanges for waiver of fines since the non-compliance is beyond the control of the Company.
This is for your information with a request to kindly waive the fine imposed on the Company
for the Quarter ended 31.03.2026.
Thanking you,
Yours faithfully,
For Oil lndia Limited
A.K. Sahoo
Company Secretary &
Compliance Officer
ddlpa orulau gfhuum,liquq, auanegd. Office Duliajan, Pin - 786602, Dibrugarh, Assam, Tel. | +91-3742804510, +91-3742800427
Web: www.oil-india.com I CIN - Ll1101AS1959cO1001148
NSE/LIST-SOP/COMB/FINES/0611 May 27, 2026
The Company Secretary
Oil India Limited
Dear Sir/Madam,
Subject: Notice for non-compliance with SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”)
Your attention is drawn towards SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
(“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026 (hereinafter referred
to as "Master Circular"), specifying Standard Operating Procedure for imposing fines and suspension
of trading in case of non-compliance with the Listing Regulations. On verification of the Exchange
records, it has been observed that your Company has not complied/delayed complied with certain
Listing Regulation(s). The details of non-compliance(s)/delayed compliance(s), total fine payable by
your Company and the particulars about manner in which fine should be remitted to the Exchange is
enclosed as Annexure.
You are requested to ensure compliance with respective regulation(s) and make the payment of fines
within 15 days from the date of this notice.
The Company upon receipt of this review notice, may file the waiver request. Below are the parameters
for filing the application for waiver:
a) Waiver applications sent via mail is not considered. The Company is requested to submit waiver
application on the below mentioned path:
NEAPS>>Compliance>>Fine Waiver>>Waiver Request.
b) Detailed submission indicating reasons for waiver, mentioning whether it intends to seek
personal hearing before the concerned Committee.
c) Further, compliance is a pre-requisite for applying for waiver. Thus, waiver application of
the non-complied Companies will not be processed without achieving the compliance.
d) In case the Company is non-complaint under multiple regulations, the Company is advised to file
a single application mentioning the details of all the respective regulations and quarters for which
the Company intends to apply for waiver.
e) Non-refundable Processing fees for an amount of Rs.10,000 plus 18% GST to be paid to
the designated Exchange, (as segregated between the Exchanges as per the policy for waiver of fines)
only if the fine amount is more than Rs. 5,000/- exclusive of GST.
However, before filing an application for waiver of fines, you are requested to refer to the below
policy available on the Exchange’s website. For ready reference you may refer below link:
Policy on processing of waiver application:
https://nsearchives.nseindia.com//web/circular/2026-
01/Policy_for_waiver_of_fines_Final1_20260113193131.pdf
Further, as per Master Circular, your Company is also required to ensure that the said non-compliance
which has been identified by the Exchange and subsequent action taken by the Exchange in this regard
shall be placed before the Board in the next Board Meeting and comments made by the Board shall be
duly informed to the Exchange at the below mentioned path in NEAPS portal along with this letter for
dissemination having the announcement text as 'Board comments on fine levied by the Exchange'.
Path: NEAPS > COMPLIANCE > Announcements > Announcements/ CA (Subject: Updates)
In case of any clarification, you may send an email on listingsop@nse.co.in or contact any of the below
mentioned Exchange Officers from Listing Compliance Department:
Ms. Madhu Kadam
Ms. Harshita Chaubal
Ms. Duhita Dhure
Ms. Suman Lahoti
Ms. Chanchal Daga (Waiver request)
Ms. Sweety Mamodia (Waiver request)
Yours faithfully,
For National Stock Exchange of India Limited
Sonam Yadav
Manager
Annexure
Fine amount per day No. of days of non- Fine
Regulation Quarter (Rs.) / Fine amount per compliance / No. of amount
instance (Rs.) instance(s) (Rs.)
REGULATION 31-Mar-
5000 90 450000
17(1) 2026
REGULATION 31-Mar-
2000 4 8000
18(1) 2026
REGULATION 31-Mar-
2000 4 8000
19(1)/19(2) 2026
Total Fine 466000
GST @18% 83880
Total Fine Payable (Inclusive of GST) 549880*
* In case the Company is non-compliant as on the date of this letter then fine amount will keep on
increasing every day till the date compliance is achieved.
Notes:
• If the fine amount is paid before receipt of this letter then inform the Exchange
accordingly.
• Please update the payment details on below mentioned path: NEAPS > Payment > SOP Fine
Payment.
• The above payment may be made vide RTGS / NEFT / Net Banking favouring 'National Stock
Exchange of India Limited'. The bank details towards the payment of fine are as follows:
BENEFICIARY
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NAME
BANK NAME IDBI BANK LTD
Please refer Unique Account Code used for making Annual Listing
A/C NO
fees to the Exchange
BRANCH BANDRA KURLA COMPLEX, MUMBAI
RTGS/IFSC CODE IBKL0001000
• The fine paid as mentioned above will be credited to IPFT as envisaged in the circular.