Indian Oil Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Awaiting price reaction for this filing.
Indian Oil Corporation has filed its annual disclosure under SEBI's Takeover Regulations for the financial year ending 31st March 2025. In the first declaration, IOCL as promoter of Chennai Petroleum Corporation Limited and Petronet LNG Limited confirms it has not created any encumbrance (pledge or charge) on shares of those two companies during the year. In the second declaration, the Government of India (President of India acting through the Ministry of Petroleum & Natural Gas), as the promoter of IOCL, confirms it has not created any encumbrance on shares of Indian Oil Corporation during the same period. Both filings are dated 7th April 2025 and signed by Company Secretary Kamal Kumar Gwalani. This is a routine annual compliance requirement, not a fresh transaction.
This is a neutral, routine compliance filing with no impact on shareholding, promoter stake, or stock price. It simply confirms no pledges or charges were created on promoter-held shares during the year.