BSECompany Update5 Aug 2026 · 5 Aug 2026, 02:12 pm
Intimation under Regulation 30 of SEBI (LODR), 2015 on receipt of LOI from BPCL and HPCL for the supply of Bio Diesel.
Kotyark Industries Ltd · 544726
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Kotyark Industries Ltd has received Letters of Intent (LOIs) from Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) for the supply of 1,662 KL of biodiesel, aggregating to a total quantity of ₹15.41 Crores.
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Kotyark Industries Ltd - 544726 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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Date: August 05, 2026
To, To,
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block-G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street, Fort,
Mumbai-400051 Mumbai-400001
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -
Receipt of Letters of Intent (LOIs) from Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation
Limited for Supply of Biodiesel.
Ref: Kotyark Industries Limited | ISIN: INE0J0B01017 | NSE Symbol: KOTYARK | BSE Scrip Code: 544726
=====================================================================================
Respected Sir/Ma’am,
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that
OMCs [Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation
Limited (BPCL)] had invited bids through Joint Expression of Interest (EOI) No. OMC/EOI/BD/JUN26 (CYCLE-1), Tender ID
2026_MKTHO_190226_1, for the Supply of Biodiesel during the period from June 2026 to August 2026. The Company had
participated in the said Joint EOI by submitting its bid for the supply of Biodiesel.
We are pleased to inform you that, pursuant to the aforesaid bid, the Company has received Letters of Intent (LOIs) for the supply of
1,287 KL of Biodiesel, from Bharat Petroleum Corporation Limited (BPCL) dated August 03, 2026, having total deliverable cost order
of approximately ₹ 11.93 Crores , which were received by the Company via e-mail on August 04, 2026, and 375 KL of Bio Diesel,
from Hindustan Petroleum Corporation Limited (HPCL) dated August 04, 2026, having total deliverable cost order of approximately ₹
3.48 Crores which was received by the Company via e-mail on August 05, 2026. There order are for the supply period from June 2026
to August 2026.
In the current tender cycle, the Oil Marketing Companies (OMCs) issued LOIs directly, without releasing a separate allotment
sheet—similar to the process followed in the December 2025 & April 2025 tender. Accordingly, the Company has received the LOIs
and shall undertake further actions in accordance with the terms and conditions specified therein. The direct issuance of the LOIs has
facilitated timely communication of the allocation and expedited the issuance of the corresponding Purchase Orders. This reflects the
streamlined tender process adopted by the OMCs and supports the Company's continued business association with them.
Accordingly, the Company has received an aggregate of Letters of Intent (LOIs), from Bharat Petroleum Corporation Limited
(BPCL) and Hindustan Petroleum Corporation Limited (HPCL), aggregating to a total quantity of 1,662 KL with an aggregate total
deliverable value of approximately ₹15.41 Crores.
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 w.r.t. Bagging/Receiving of
orders/contracts is enclosed as Annexure A.
You are requested to kindly note the same.
Thanking you.
Your faithfully,
For, Kotyark Industries Limited
Bhavesh Nagar
Company Secretary and Compliance Officer
Mem. No. A62546
Place: Vadodara
ANNEXURE A
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
w.r.t. Bagging/Receiving of orders/contracts is enclosed herewith:
Sr. No. Particulars Details
Bharat Petroleum Corporation Limited (BPCL) and
1 Name of the entity awarding the Order/Contract
Hindustan Petroleum Corporation Limited (HPCL)
2 whether order(s) / contract(s) have been Domestic
awarded by domestic/ international entity
3 Nature of order(s) / contract(s), significant terms The Company has received Letters of Intent (LOIs) for
and conditions of order(s)/contract(s) awarded supply of Biodiesel pursuant to Joint Expression of
in brief; Interest (EOI) No. OMC/EOI/BD/JUN26 (CYCLE-1),
Tender ID: 2026_MKTHO_190226_1 from Bharat
Petroleum Corporation Limited (BPCL) and Hindustan
Petroleum Corporation Limited (HPCL).
The supply shall be undertaken in accordance with the
terms and conditions specified in the respective LOIs and
the tender documents.
4 Time period by which the order(s)/contract(s) is June 2026 to August 2026
to be executed
5 Location of Supply Gujarat
6 Quantity and Total Deliverable Cost of Supply/ Aggregate Quantity: 1,662 KL
Broad considerations or size of the
order(s)/contract(s) Aggregate Total Deliverable Value: Approximately
₹15.41 Crores.
7 Whether the promoter/ promoter group / group
companies have any interest in the entity that
awarded the order(s)/contract(s)? If yes, nature
of interest and details thereof.
8 Whether the order(s)/contract(s) would fall
within related party transactions? If yes, whether No
the same is done at “arm’s length”.
You are requested to kindly note the same.
For, Kotyark Industries Limited
Bhavesh Nagar
Company Secretary and Compliance Officer
Mem. No. A62546
Place: Vadodara