BSECompany Update3d ago · 6 Nov 2026, 02:24 pm
Oil & Natural Gas Corporation Limited has isued Notification of Award to the Company for deployment of Rig Discovery I for a period of three years, at effective day rate (EDR) of Rs. 51, 99,293.21 equivalent to USD 54,633.36
Jindal Drilling & Industries Ltd · 511034
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Jindal Drilling & Industries Ltd has received a notification of award from Oil & Natural Gas Corporation Ltd for deployment of rig Discovery-I for a period of 3 years at an effective day rate of Rs. 51,99,293.21 (equivalent to USD 54,633.36).
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10
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Jindal Drilling & Industries Ltd - 511034 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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E-Communication
JDIL/SECT/2026-27 06 November 2026
BSE Ltd National Stock Exchange of India Limited
25th Floor, P.J. Towers, Exchange Plaza, C-1, Block-G
Dalal Street, Mumbai-400 001 Bandra-Kurla Complex
Security Code: 511034 Bandra (E), Mumbai – 400 051
Security Code: JINDRILL
Sub: Notification of Award received from Oil & Natural Gas Corporation Ltd. (ONGC)
Dear Sir/Madam,
We are pleased to inform you that Oil & Natural Gas Corporation Limited (ONGC) has issued
Notification of Award to the Company for deployment of rig Discovery-I for a period of 3 years
at Effective Day Rate (EDR) of Rs. 51,99,293.21 equivalent to USD 54,633.36.
Detailed disclosure as required under Regulation 30 of the SEBI Listing Regulations read
with Master Circular dated 30 January 2026 is enclosed as Annexure – I.
You are requested to kindly take the same on record.
Thanking you,
Yours faithfully,
For Jindal Drilling And Industries Limited
Binaya Kumar Dash
Company Secretary and Compliance Officer
Annexure – I
1. Name of the entity awarding the Oil & Natural Gas Corporation Ltd.
order(s)/contract(s);
2. Significant terms and conditions of Award to the Company for deployment
order(s)/contract(s) awarded in brief of rig Discovery – I for a period of 3
years at Effective Day Rate (EDR) of Rs.
51,99,293.21 equivalent to USD
54,633.36.
3. Whether order(s) / contract(s) have been Domestic Entity
awarded by domestic/ international entity;
4. Nature of order(s) / contract(s); As per point no. 2 above
5. Whether domestic or international; Domestic
6. Time period by which the 3 years
order(s)/contract(s) is to be executed;
7. Broad consideration or size of the Effective Day Rate (EDR) of Rs.
order(s)/contract(s); 51,99,293.21 equivalent to USD
54,633.36 for a period of 3 years
8. Whether the promoter/ promoter group / No
group companies have any interest in the
entity that awarded the
order(s)/contract(s)? If yes, nature of
interest and details thereof;
9. Whether the order(s)/contract(s) would No
fall within related party transactions? If
yes, whether the same is done at “arm’s
length”.