Oil India 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.
Oil India Limited has filed a compliance disclosure confirming that there is no encumbrance (pledge, lien, or any other charge) on the shares held by its promoter, the President of India, as of 31st March 2025. The promoter holds 92,15,64,990 equity shares, representing 56.66% of the company's total equity share capital. This is a routine annual filing required under SEBI takeover regulations, not a change in shareholding or any new encumbrance.
This is a neutral, routine regulatory filing with no impact on shareholders or stock price. It simply confirms that the government's majority stake in Oil India remains fully unencumbered and free of any pledges.