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

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Oil India Limited has informed the Exchange regarding 'Board Comments on fine levied by the Exchange'.

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OIL_30062026103617_Boardcomments_signed.pdf

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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.