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