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

Oil & Natural Gas Corpn has been allotted 5,59,47,96,935 equity shares of 10/- each by ONGC Petro Additions (OPaL) (subsidiary of the company) by way of subscription of shares on right basis. Upon the said allotment, shareholding of the Company has increased from 91.16% to 94.04%. Powered by Capital Market - Live News