Oil And Natural Gas Corporation Price Movement Clarification
ONGC clarified that the recent surge in trading volume across exchanges is purely market driven. The company reaffirms its SEBI compliance.
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ONGC clarified that the recent surge in trading volume across exchanges is purely market driven. The company reaffirms its SEBI compliance.
ONGC's subsidiary OPaL approved raising up to ₹4,471 crore via NCD private placement. This debt issuance will fund OPaL's capital needs and increase ONGC's consolidated debt exposure.
ONGC issued a corrigendum correcting a Ministry reference letter number regarding Shri Anupam Agarwal's appointment as Director (Finance). There are no changes to the appointment's content.
ONGC issued a postal ballot notice for shareholder approval of Mozambique project transactions totaling ₹52,364 Crore. Voting covers asset restructuring and debt guarantee amendments.
ONGC announced the superannuation of three Executive Directors effective June 1, 2026. This administrative leadership transition involves the retirement of K N Ramesh, M Porcia, and Deep Chandra Pant.
ONGC appointed Shri Satyan Kumar as Director (Strategy & Corporate Affairs) until 2028. He brings over 36 years of energy sector experience to the company's leadership.
ONGC recommended a final dividend of ₹1 per equity share for 2026. The record date for payment will be determined during the upcoming Annual General Meeting.
ONGC reported a 53% surge in consolidated net profit for Q4 FY’26. The company declared its highest ever total dividend of ₹16,669 Crore.
Oil And Natural Gas Corporation Ltd reported revenue from operations of ₹35,928 Cr (+2.7% YoY) and net profit of ₹6,650 Cr (+3.1% YoY) for Q4 FY26.
ONGC reported its FY26 audited results and recommended a final dividend of ₹1 per share. The board also approved a new 50:50 joint venture at Dahej port.
ONGC selected BP Exploration Services India as Technical Services Provider for its Western Offshore fields. The 10-year partnership aims to increase hydrocarbon production by ~24.1%.
ONGC scheduled a board meeting for May 26, 2026, to approve audited FY26 financial results and final dividend. Trading remains closed until May 28, 2026.
ONGC announced the retirement of four senior officials effective May 1, 2026, due to superannuation. Departures include Mr. Vivek Chandrakant Tongaonkar (Director & CFO), and Executive Directors Mr. Rajan Asthana and Mr. Shibu Augustine Manuel. This is a routine leadership transition resulting from reaching retirement age.
Shri Vivek Chandrakant Tongaonkar has retired as Director (Finance) and CFO of Oil and Natural Gas Corporation Ltd (ONGC) effective May 1, 2026. His departure follows the attainment of superannuation age.
Oil and Natural Gas Corporation Ltd announced the superannuation of two Executive Directors, Rajan Asthana and Shibu Augustine Manuel, effective May 1, 2026. These changes occur at the senior management level immediately below the Board.
ONGC announced the demise of Executive Director Mr. Debasish Mukherjee on April 30, 2026. Consequently, Mr. Manish Patil, currently Director (HR), has been assigned additional charge as Director (Finance) effective May 1, 2026. This reorganization ensures leadership continuity within the company's senior management team.
Oil and Natural Gas Corporation Ltd announced that Shri Manish Patil, Director (Human Resource), has been given additional charge as Director (Finance) effective May 1, 2026. The appointment, mandated by the Ministry of Petroleum and Natural Gas, is for three months or until a regular incumbent is appointed.
Oil and Natural Gas Corporation Ltd informed the exchanges of the sad demise of Shri Debasish Mukherjee, Executive Director, on April 30, 2026. Consequently, he has ceased to be the Executive Director (EO to Director HR) of the company.
Oil & Natural Gas Corporation Limited (ONGC) has appointed Mr. Yogish Nayak S. as Chief Financial Officer, effective May 1, 2026. A Chartered Accountant with over 30 years of experience, he previously served as CFO of MRPL. This leadership transition follows a board meeting held on April 25, 2026.
ONGC's board approved the appointment of Shri Yogish Nayak S. as CFO. It also approved forming a petrochemicals marketing JVC with MRPL and OPaL (₹25 Crore investment) and committed ₹264.93 Crore in equity and guarantees to IGGL for the Duliajan Feeder Line project.
ONGC received a 'Stop Production Order' from the APPCB for its Mori#5 well due to alleged environmental violations. The well, previously involved in a blowout incident, has been closed since January 2026. Management considers the financial impact insignificant relative to operations and intends to review the order for a formal response.