BSECompany Update4d ago · 31 Jul 2026, 04:19 pm

Allotment of equity shares by Joint Venture companies

Oil and Natural Gas Corporation Ltd · 500312

✦ AI SummaryJoint Venture

Oil and Natural Gas Corporation Ltd has been issued shares on rights basis by two joint venture entities, Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited, in which the Company holds a 50% stake.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Oil and Natural Gas Corporation Ltd - 500312 - Allotment Of Equity Shares By Joint Venture Companies

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OIL AND NATURAL GAS CORPORATION LIMITED COMPANY SECRETARIAT CS/ONGC/SE/2026-27 31.07.2026 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: Allotment of equity shares by Joint Venture companies Madam/ Sir, This has reference to our letter dated 22.01.2026 wherein it was informed that the Company has become a 50% Joint Venture Partner with M/s Mitsui O.S.K. Lines Ltd., Japan (MOL) in two joint venture entities, namely Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited, registered in Gift City, Gandhinagar. It is informed that the Company has been issued shares on rights basis: 1. 71,57,185 equity shares of ₹100/- each issued by Bharat Ethane One IFSC Private Limited; and 2. 71,57,185 equity shares of ₹100/- each issued by Bharat Ethane Two IFSC Private Limited. Upon allotment of the above shares, the Company's shareholding in each of the joint venture entities will remain at 50%. Consequently, the Company's cumulative holding in Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited shall be 1,43,87,861 equity shares of ₹100 each in each joint venture company. 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