BSEOthers2d ago · 28 Jul 2026, 04:02 pm
The Board of Directors of the Company, at its meeting held today i.e. 28.07.2026, has inter-alia approved the proposal to provide Parent Company Guarantee (PCG) of USD 500 million in favour ....
Oil and Natural Gas Corporation Ltd · 500312
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Oil and Natural Gas Corporation Ltd has approved a proposal to provide a USD 500 million Parent Company Guarantee (PCG) to Saudi Arabian Oil Company (Saudi Aramco) on behalf of its subsidiary Mangalore Refinery and Petrochemicals Limited (MRPL) to enable MRPL to import crude oil from Saudi Aramco.
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Oil and Natural Gas Corporation Ltd - 500312 - Board Meeting Outcome for Outcome Of Board Meeting
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OIL AND NATURAL GAS CORPORATION LIMITED
COMPANY SECRETARIAT
ONGC/CS/SE/2026-27 28.07.2026
National Stock Exchange of India Ltd. BSE Limited
Listing Department Corporate Relationship Department
Exchange Plaza Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort
Mumbai – 400 051 Mumbai – 400 001
Symbol-ONGC; Series – EQ BSE Security Code No.- 500312
NCD: 959881
Sub: Outcome of Board Meeting
Madam/ Sir,
The Board of Directors of the Company, at its meeting held today i.e. 28.07.2026, has inter-alia approved the proposal to
provide Parent Company Guarantee (PCG) of USD 500 million in favour of Saudi Arabian Oil Company (Saudi Aramco) for the
period 01.09.2026 to 31.08.2028 on behalf of Mangalore Refinery and Petrochemicals Limited (MRPL), to enable MRPL to
import crude oil from Saudi Aramco.
MRPL, is a subsidiary of Company.
The meeting of Board of Directors commenced at 13:45 hrs and concluded at 15:35 hrs.
This is for your information and record, please.
Thanking You,
Yours Sincerely,
for Oil and Natural Gas Corporation Ltd.
(Shashi Bhushan Singh)
Company Secretary & Compliance Officer
Regd. Office: Plot No 5A-5B, Nelson Mandela Marg, Vasant Kunj, New Delhi-110070
Phone: 011-2675 4073, 011-2675 4085 EPABX: 2675 0111, 2629000
CIN: L74899DL1993GOI054155 Website: www.ongcindia.com Email: secretariat@ongc.co.in