General Updates

OIL AND NATURAL GAS CORPORATION LIMITED COMPANY SECRETARIAT ONGC/CS/SE/2026-27 26.08.2026 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 Subject: Disclosure of event or information under Regulation 30 of SEBI (LODR) Regulations, 2015 Madam/ Sir, The Company has received Notice from Stock Exchanges, BSE Limited and National Stock Exchange of India Limited, both dated 25.08.2026 levying fine of ₹14,31,340/- (including GST) each for non- compliance under Regulation 17(1), 17(2A), 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (LODR) Regulations, 2015 w.r.t. the composition of Board, Quorum of Board Meeting, Composition of Committees namely, Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee and Risk Management Committee during the quarter ended 30.06.2026. In this regard, subject information is enclosed at Annexure-A. It is informed that being a Government Company, power of appointment of Directors (including Independent Directors) is vested with the Govt. of India (Gol) in terms of provisions of Articles of Association (AoA) of the Company. The requirement for appointment of requisite numbers of Independent Directors was submitted to the Government of India (GoI) from time to time. Copies of said letters were also submitted to Stock Exchanges. It may be noted that the said non-compliance with regard to the composition of the Board, Quorum and Composition of Committees was not within the control of the Company and the Company has been regularly pursuing with the GoI for appointment of requisite numbers of Independent Directors to meet the compliance requirements. Further, it is stated that with effect from 19.08.2026, the Company has become compliant w.r.t. composition of Stakeholder Relationship Committee and Risk Management Committee under SEBI (LODR) Regulations, 2015. Considering the above position, both the exchanges have been requested to waive-off the above mentioned fine levied on the Company. 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 OIL AND NATURAL GAS CORPORATION LIMITED COMPANY SECRETARIAT Annexure-A Details as per Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 Sl. No. Particulars 1. Name of the Authority BSE Limited National Stock Exchange of India Limited 2. Nature and details of the action(s) taken or Notices dated 25.08.2026 received from both the Stock order(s) passed Exchanges levying fine of ₹14,31,340/- (including GST) each for non-compliance under Regulation 17(1), 17(2A), 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (LODR) Regulations, 2015 for Quarter ended 30.06.2026. 3. Date of receipt of direction or order, 25.08.2026 including any ad-interim or interim orders, or any other communication from the authority 4. Details of violation(s) / contravention(s) Non-compliance under Regulation 17(1), 17(2A), 18(1), committed or alleged to be committed 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (LODR) Regulations, 2015, with respect to Composition of Board, Quorum of Board Meeting and Composition of Committees. 5. Impact on financial, operation or other Not significant activities of the listed entity, quantifiable in monetary terms to the extent possible 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