Oil & Natural Gas Corporation Limited has submitted the Exchange a copy of Srutinizer's report of Annual General Meeting held on August 29, 2025. Further, the company has informed the Exchange regarding voting results.
ONGC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ONGC held its 32nd Annual General Meeting on August 29, 2025 (11:00 AM to 2:05 PM) via video conferencing, where all 18 resolutions were passed with the requisite majority. Key items approved include adoption of the FY25 audited financial statements, declaration of a final dividend of ₹1.25 per equity share, re-appointment of Shri Manish Patil as director, appointment of three new functional directors (Strategy & Corporate Affairs, Technology & Field Services, and Exploration) and three new independent directors, appointment of secretarial auditors, ratification of cost auditors' remuneration, and approval of seven material related party transactions (including deals with Petronet LNG, the ONGC Employees CPF Trust, and the Mozambique Area-1 project). Voting was conducted entirely through electronic means, with the promoter (Government of India, holding ~58.9% of shares) voting 100% in favour of all resolutions. The scrutinizer, A.K. Rastogi of A.K. Rastogi & Associates, confirmed that all resolutions passed with overwhelming shareholder support, ranging from 92.2% to nearly 100% in favour.
This is a routine procedural filing confirming the successful conclusion of ONGC's AGM with strong shareholder endorsement on all items. The approved ₹1.25 final dividend is confirmed for eligible shareholders. With all board appointments and related party transactions receiving over 92% approval, there are no governance concerns or material dissent signals, suggesting neutral-to-slightly-positive sentiment for the stock.