Governance Negative

2026-08-26 19:27

CRITICAL RED FLAG DETECTED

- ONGC received notices from BSE and NSE, levying a fine of ₹14,31,340/- (including GST) each for non-compliance with SEBI (LODR) Regulations, 2015. - Non-compliance relates to the composition of the Board, Quorum of Board Meetings, and composition of Audit, Nomination & Remuneration, Stakeholder Relationship, and Risk Management Committees for the quarter ended 30.06.2026. - The company states that the power of appointing directors rests with the Government of India, and they have been regularly pursuing the matter. - ONGC became compliant with respect to the Stakeholder Relationship Committee and Risk Management Committee from 19.08.2026 and has requested a waiver of the levied fine.

Business Update Positive

2026-08-18 17:20

- ONGC successfully commissioned gas evacuation facilities at Khoraghat GGS-1 in Golaghat, Assam, on August 18, 2026. - This connects Khoraghat gas to the North East Gas Grid (NEGG), enabling utilization of nearly 1 lakh Standard Cubic Metres (SCM) of gas per day from ONGC's Jorhat asset. - The development boosts regional energy access, augments gas availability, reduces flaring, and strengthens the gas-based economy.

Business Update Positive

2026-08-18 15:02

- ONGC Videsh (OVL) received US authorization in July 2026 to resume Oil & Gas operations in Venezuela. - Framework agreements for San Cristobal and Carabobo-1 assets are under discussion. - Operational/financial impact is currently not quantifiable.

Business Update Neutral

2026-08-14 17:44

- Investor Meet Schedule - Meet Date: August 18, 2026 - Meet Time: 12:00 p.m. - 05:00 p.m. - Event Details: Motilal Oswal 22nd Annual Global Investor Conference 2026 in Mumbai

Governance Neutral

2026-08-13 22:16

- ONGC's Board approved the appointment of Dr. Archna Thakur as a Non Official Independent Director. - The appointment is effective from August 13, 2026, for a period of three years.

Business Update Neutral

2026-08-12 19:31

- ONGC announced the upload of the transcript of its conference call with analysts and investors. - The transcript is available on the company's website at https://ongcindia.com/web/eng/transcription.

Routine Neutral

2026-08-07 20:18

New Filing detected. See link for details.

Financials Positive

2026-08-06 12:51

- Board of Directors recommended a final dividend of ₹1/- per share for FY'26. - The Record Date for determining eligibility for the final dividend is Friday, 4th September, 2026. - The dividend payment is subject to declaration by members at the ensuing Annual General Meeting.

Business Update Neutral

2026-08-05 19:02

- Link for the audio recording of the Conference Call with Analyst(s) & Investor(s) held on August 05, 2026, has been uploaded on the company's website. - The recording is accessible at https://ongcindia.com/web/eng/audio/video-recordings, as per Regulation 30 of SEBI (LODR).

Financials Positive

2026-08-04 20:21

- Consolidated Gross Revenue ₹2,04,987 Cr vs ₹1,63,106 Cr (▲25.7% YoY) - Net Profit attributable to owners ₹11,899 Cr vs ₹9,804 Cr (▲21.4% YoY) - Consolidated Net Profit was impacted by HPCL's net loss of ₹12,265 Cr due to under-recoveries. - The company has a capital investment program of over ₹40,000 crore underway in Western offshore. - ONGC reported 2 new discoveries and spudded its first deepwater well in Mahanadi basin.

Financials Negative

2026-08-04 20:11

CRITICAL RED FLAG DETECTED

- Board of Directors approved Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. - Audit Committee could not be reconstituted due to non-availability of Independent Directors. - Company faces significant contingent liabilities, including ₹15,365 Crore from pending arbitration (PMT JV) and ₹9,134 Crore for disputed Service Tax/GST. - Litigation with Vedanta Limited regarding the CB-OS/2 block is ongoing, with ONGC taking control on July 22, 2026, while the matter remains sub-judice. - Subsidiary ONGC Petro Additions Limited reported a plant shutdown due to shaft shredding.

Business Update Neutral

2026-08-01 15:34

- Concall Schedule - Concall Date: Wednesday, August 05, 2026 - Concall Time: 15:30 Hrs. IST

Governance Neutral

2026-08-01 15:31

- Change in Senior Management effective August 1, 2026. - Amal Krishna (Executive Director) and Madhukar Mohan (Executive Director) superannuated.

Business Update Neutral

2026-07-31 16:21

- ONGC was allotted 71,57,185 equity shares (₹100 each) in each of its two joint venture entities: Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited. - This issuance, on a rights basis, maintains ONGC's 50% shareholding in both JVs.

Governance Neutral

2026-07-30 18:18

- Board meeting scheduled for August 4, 2026. - Purpose: To consider and approve un-audited financial results for the quarter ended June 30, 2026. - Trading window remains closed from July 1, 2026, to August 6, 2026.

Governance Neutral

2026-07-28 16:03

- Board of Directors approved a Parent Company Guarantee (PCG) of USD 500 million for Saudi Aramco. - This guarantee is on behalf of its subsidiary, MRPL, to facilitate crude oil imports from Saudi Aramco. - The guarantee is valid from September 1, 2026, to August 31, 2028.

Business Update Positive

2026-07-25 13:19

- ONGC spudded its first deepwater exploratory well, MN-DW18-1-H-D, in the Mahanadi Offshore Basin on July 25, 2026. - This initiative, under the 'Samudra Manthan Mission', aims to unlock India's deepwater hydrocarbon potential and enhance energy security and self-reliance. - The well is located approximately 23 nautical miles from Konark, off the Odisha coast.

Business Update Positive

2026-07-17 18:39

- ONGC announced the successful completion of two deep geothermal wells (GT#02 & GT#03) at the Puga Geothermal Project on July 17, 2026. - This project is India's first demonstration-scale geothermal power project, aiming to provide clean, dependable energy and strengthen energy access in Ladakh, especially during winters.

Business Update Positive

2026-07-16 15:35

- Fitch Ratings affirmed Oil and Natural Gas Corporation Limited (ONGC) at 'BBB-'/Stable. - Standalone Credit Profile (SCP) was raised to 'bbb+'.

Routine Neutral

2026-07-09 21:21

New Filing detected. See link for details.

Governance Positive

2026-07-04 16:39

- The company announced the Scrutinizer's Report and Voting Results for the Postal Ballot conducted for resolutions dated June 03, 2026. - The postal ballot resolutions included: - Approval of Material Related Party Transaction(s) for Area-1 Offshore Mozambique Project – AssetCo Structure. - Approval of Material Related Party Transaction(s) for Area-1 Offshore Mozambique Project - Debt Service Undertaking. - Both resolutions were passed with the requisite majority, with e-voting concluding on July 03, 2026.

Governance Neutral

2026-07-01 10:52

- ONGC informed about changes in senior management effective July 1, 2026. - Sachiv Kumar, Rajesh Sharma, and Jagdamba Prasad G Dobriyal, all Executive Directors, are superannuating.

Governance Neutral

2026-07-01 10:49

- Shri Pankaj Kumar ceased to be Director (Production) of ONGC w.e.f. July 01, 2026. - This change is due to his superannuation upon attaining the age of retirement.

Governance Neutral

2026-06-25 21:45

- Board of Directors meeting held on 25.06.2026. - Approved the appointment of Shri Satyan Kumar as Director (Strategy & Corporate Affairs) and Key Managerial Personnel. - Approved the appointment of Shri Anupam Agarwal as Director (Finance) and Chief Financial Officer (CFO), replacing Shri Yogish Nayak S.

Governance Negative

2026-06-25 21:39

CRITICAL RED FLAG DETECTED

- Board meeting held on 25.06.2026. - Shri Satyan Kumar appointed as Director (Strategy & Corporate Affairs) and KMP. - Shri Anupam Agarwal appointed as Director (Finance) and Chief Financial Officer (CFO) in place of Shri Yogish Nayak S.

Business Update Positive

2026-06-25 13:36

- ONGC and bp signed a new Technical Services Contract on 25 June 2026. - bp will serve as the Technical Services Provider for ONGC's fields in the Western Offshore Basin to enhance hydrocarbon production. - bp will receive a fixed fee for the first two years, followed by a service fee linked to a percentage of net incremental revenue. - The collaboration aims to improve hydrocarbon recovery, increase operational efficiency, and support sustained production growth.

Routine Neutral

2026-06-24 16:22

- ONGC clarified the significant increase in its security's volume movement across exchanges. - The company stated the surge in volume is purely market driven and reaffirmed compliance with SEBI (LODR) Regulations, 2015.

Governance Neutral

2026-06-22 16:46

- Ministry of Petroleum and Natural Gas entrusted Shri Vikram Saxena, Director (Technology & Field Services), with the additional charge of Director (Production). - The charge is for three months starting July 1, 2026, or until a regular incumbent is appointed, whichever is earlier.

Business Update Positive

2026-06-12 16:29

- ONGC Petro additions Limited (OPaL), a subsidiary, approved raising funds of up to ₹4,471 crore. - Funds will be raised through Private Placement of Non-Convertible Debentures (NCDs). - The approval by OPaL's Board on June 11, 2026, is subject to shareholder and regulatory approvals.

Business Update Neutral

2026-06-04 20:48

- ONGC informed that the transcript of the conference call with analysts and investors has been uploaded on the company's website. - The transcript is available at https://ongcindia.com/web/eng/transcription.

Governance Neutral

2026-06-03 21:01

- Corrigendum issued regarding the appointment of Shri Anupam Agarwal as Director (Finance). - The reference letter number has been corrected from CA-31012/1/2026-CA-PNG(55700) to CA-31011/1/2025-CA-PNG(52341). - There is no change in the actual appointment or its contents.

Governance Neutral

2026-06-03 19:40

- ONGC seeks shareholder approval via Postal Ballot for two special business items related to the Area-1 Offshore Mozambique Project. - Item 1: Approval of Material Related Party Transaction(s) for the AssetCo Structure, with an estimated value of around USD 2,440 Million, to align with international project financing. - Item 2: Approval of Material Related Party Transaction(s) for a Debt Service Undertaking, involving a guarantee not exceeding USD 3,072 Million for senior debt obligations up to 2033. - Remote e-voting period: June 4, 2026 (10:00 AM IST) to July 3, 2026 (05:00 PM IST).

Governance Positive

2026-06-03 18:12

- Shri Anupam Agarwal appointed as Director (Finance) of ONGC. - The appointment is effective from June 3, 2026. - Shri Agarwal brings over 35 years of experience in finance and commercial management within the oil and gas sector.

Governance Neutral

2026-06-01 11:05

Oil and Natural Gas Corporation Limited (ONGC) informed about the superannuation of three Executive Directors, K.N. Ramesh, M. Porcia, and Deep Chandra Pant, effective June 1, 2026.

Governance Neutral

2026-05-27 20:53

Oil and Natural Gas Corporation Limited (ONGC) announced the appointment of Shri Satyan Kumar (DIN: 10181958) as Director (Strategy & Corporate Affairs), effective May 27, 2026. The appointment was approved by the Board of Directors in compliance with SEBI (LODR) Regulations, 2015, following a letter from the Ministry of Petroleum and Natural Gas. Shri Kumar brings over 36 years of experience in the energy sector, including strategic leadership in renewable and sustainable energy initiatives.

Business Update Neutral

2026-05-27 18:21

ONGC has informed that the audio recording of the conference call with analysts and investors, held on May 27, 2026, has been uploaded to the company's website. The link for accessing the recording has been provided in the filing, in continuation to their previous letter dated May 22, 2026.

Financials Positive

2026-05-26 21:26

Consolidated Gross Revenue ₹1,73,805 Cr vs ₹1,67,749 Cr (▲3.6% YoY), Net Profit ₹13,678 Cr vs ₹8,965 Cr (▲52.6% YoY).

Financials Negative

2026-05-26 21:07

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹35,928.18Cr vs ₹34,982.23Cr (▲2.70% YoY), EBITDA ₹12,665.75Cr vs ₹13,961.36Cr (▼9.28% YoY), PAT ₹6,649.97Cr vs ₹6,448.28Cr (▲3.13% YoY). EBITDA Margin 35.25% vs 39.91% (▼466bps).

Financials Negative

2026-05-26 20:53

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹35,928.18Cr vs ₹34,982.23Cr (▲2.7% YoY), EBITDA ₹15,293.48Cr vs ₹16,036.05Cr (▼4.6% YoY), PAT ₹6,649.97Cr vs ₹6,448.28Cr (▲3.1% YoY). EBITDA Margin 42.6% vs 45.8% (▼327bps). The Board also recommended a final dividend of ₹1/- per share for FY2025-26 and approved forming a 50:50 JV with Gujarat Maritime Board for a 5 MMTPA liquid port at Dahej.

500312

OIL AND NATURAL GAS CORPORATION LTD

Price Chart

Filing History

Unlock Full History