Oil & Natural Gas Corpn has been allotted 490,62,03,065 nos. of equity shares of Rs 10/- each by ONGC Petro additions (OPaL) by way of subscription of shares on right basis. Upon the said allotment, shareholding of the Company in OPaL has increased from 94.57% to 95.69%.Powered by Capital Market - Live News

ONGC announced that the Board of Directors of the Company at its meeting held on 11 November 2024, inter alia, have recommended the first interim dividend of Rs 6 per equity Share (i.e. 120%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Oil & Natural Gas Corpn declined 25.04% to Rs 10272.50 crore in the quarter ended September 2024 as against Rs 13703.38 crore during the previous quarter ended September 2023. Sales rose 7.26% to Rs 158329.10 crore in the quarter ended September 2024 as against Rs 147613.68 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales158329.10147613.68 7 OPM %12.9419.02 - PBDT20909.1228413.34 -26 PBT12700.1121334.77 -40 NP10272.5013703.38 -25 Powered by Capital Market - Live News

Oil & Natural Gas Corpn announced that India Ratings and Research has taken the following ratings action on debt instruments of the company:Proposed fund based/non-fund-based working capital limit - IND AAA/ Stable/ IND A1+ (affirmed)Non convertible debentures - IND AAA/Stable (affirmed)Non-fund-based working capital limit - IND AAA/ Stable/ IND A1+ (affirmed)Proposed commercial paper - IND A1+ (affirmed)Fund-based working capital limit - IND AAA/ Stable/ IND A1+ (affirmed)Non fund based working capital limit - IND AAA/ Stable / IND A1+ (assigned) Powered by Capital Market - Live News

ONGC will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live News