Oil India Limited has informed the Exchange regarding Outcome of Board Meeting held on August 12, 2025 - Appointment of Cost Auditor
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Oil India's Board, at its meeting on August 12, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) on both standalone and consolidated basis, along with the auditors' limited review report. The Board also appointed M/s Shome & Banerjee, Cost Accountants (Registration No. 000001), a Kolkata-based partnership firm with seven partners, as the Cost Auditor for FY 2025-26. Additionally, M/s VAP & Associates, Company Secretaries, was appointed as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM.
This is a routine compliance disclosure. The auditor appointments are standard regulatory requirements and unlikely to have any material impact on the stock price. The Q1 results submission keeps the company on track with its listing obligations.