NSEGeneral Updates13 Oct 2026 · 13 Oct 2026, 10:50 pm

General Updates

Oil India Limited · OIL

✦ AI SummaryJoint Venture

Oil India Limited has informed the Exchange about the incorporation of a Joint Venture Company, HIND OIL BIOFUELS PRIVATE LIMITED, by its Wholly Owned Subsidiary (WoS) Company - OIL Green Energy Ltd. (OGEL).

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Oil India Limited has informed the Exchange about General Updates

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OIL_13102026224145_Filing13102026_signed.pdf

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Ref. No. OIL/SEC/32-33/NSE-BSE Dated: 13.10.2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Department of Corporate Service Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Symbol: OIL Security Code: 533106 Sub: Regulation 30 of SEBI [Listing Obligations & Disclosure Requirements (LODR)] Regulations, 2015 Sir / Madam, We write further to our communications dated 05.11.2024 and 27.05.2026 and inform that our Wholly Owned Subsidiary (WoS) Company - OIL Green Energy Ltd. (OGEL) has incorporated a Joint Venture Company namely “HIND OIL BIOFUELS PRIVATE LIMITED” [Ref Annexure-A]. This is for your information & records please. Thanking you, Yours faithfully, For Oil India Limited A.K. Sahoo Company Secretary & Compliance Officer Encl: As above Annexure-A S.No. Particulars Details 1. Name of the entity, date & country of HIND OIL BIOFUELS PRIVATE LIMITED incorporation, etc. October 13, 2026, India 2. Name of holding company of the JV Company of OIL Green Energy incorporated company and relation with Limited [OGEL] (WoS of Oil India the listed entity Limited). 3. Industry to which the entity being ENERGY incorporated belongs (Clean and Alternate Energy). 4. Brief background about the entity Production of Compressed Biogas and incorporated in terms of products /line of by-products and co-products from business Municipal Solid Wastes, Generation of Energy from Wastes, Production of Biofuel etc. 5. Brief details of any governmental or MOP&NG vide letter No Expl- regulatory approvals required for the 12027(11)/43/2024-EXPL-II-PNG (E- incorporation 51463) Dated 11th June, 2025 with due concurrence from DIPAM had approved formation of the JV Company. 6. Nature of consideration – whether cash Cash. consideration or share swap and details of the same 7. Cost of subscription / price at which the Rs.10/- (Rupees Ten per share). shares are subscribed Initial Authorized share capital : Rs. 1.00 crore divided into 10 lakh equity shares. Subscription amount – Rs.5.00 lakh divided into 50,000 equity shares of Rs. 10 each by OGEL 8. Percentage of shareholding / control by 50% share holding in the incorporated the listed entity and / or number of shares entity by OGEL(WoS) allotted