V. C. Choudhary, Ministry of Petroleum and Natural Gas, Government of India 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.
The Government of India, through the Ministry of Petroleum & Natural Gas, has submitted its annual disclosure as the promoter of Oil India Limited. The filing confirms that the President of India holds 92,15,64,990 equity shares, representing 56.66% of the company's total paid-up share capital as on 31 March 2025. Importantly, the disclosure also states that there is no encumbrance (pledge or charge), directly or indirectly, on these promoter shares. This is a routine compliance filing required annually under SEBI's Takeover Regulations.
No impact on shareholders — this is a routine annual declaration confirming the government's 56.66% promoter stake remains intact and completely unpledged, which is a positive signal for governance and stability.