VOGL
Vedanta Oil and Gas Limited
NSELast Traded Price
₹35.62
1.98 (5.89%)
Open
₹33.64
High
₹36.85
Low
₹32.5
Prev Close
₹33.64
Industry
Oil Exploration & Production
Market Cap
13928.80 Cr
Filing History
Recent corporate announcements and filings for VOGL
Routine
Neutral
2026-07-30 20:47
New Filing detected. See link for details.
Governance
Positive
2026-07-29 17:29
- Board approved Vedanta Oil and Gas Limited - Employee Stock Option Plan 2026 and Employee Stock Purchase Plan 2026.
- These plans allow eligible employees to acquire up to 5% of the total paid-up share capital.
- Mr. Pulak Modi, Non-Executive Director, was designated as Vice Chairman of the Board.
Governance
Positive
2026-07-29 17:29
- On July 29, 2026, the Board approved the formulation and implementation of Vedanta Oil and Gas Limited - Employee Stock Option Plan 2026 (VOGL ESOP 2026) and Employee Stock Purchase Plan 2026 (VOGL ESPP 2026).
- These plans can grant options up to 5% of the total paid-up share capital of the Company, to be implemented through a Trust Route.
- Mr. Pulak Modi, Non-Executive Director, was designated as Vice Chairman of the Board.
Financials
Positive
2026-07-29 15:56
- Consolidated Revenue ₹2,507Cr vs ₹2,303Cr (▲9% YoY)
- EBITDA ₹1,232Cr vs ₹1,272Cr (▼3% YoY)
- PAT ₹945Cr vs (₹104)Cr (Swing from Loss to Profit YoY)
- EBITDA Margin 49.1% vs 55.2% (▼610bps)
Financials
Negative
2026-07-29 15:51
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹2,507 Cr vs ₹2,303 Cr (▲8.9% YoY)
- EBITDA ₹373 Cr vs ₹505 Cr (▼26.1% YoY)
- PAT ₹945 Cr vs ₹(104) Cr (from loss to profit)
- EBITDA Margin 14.9% vs 21.9% (▼700bps)
- Q1 FY27 PAT includes an exceptional gain of ₹1,056 Cr from discontinued operations (slump sale of businesses).
- Company recognized an impairment charge of ₹379 Cr in Q1 FY27 related to the Cambay Block PSC due to ongoing litigation, where the Delhi High Court upheld the government's decision, with an appeal filed.
Business Update
Negative
2026-07-26 13:24
CRITICAL RED FLAG DETECTED
- Vedanta Oil and Gas Limited (formerly Malco Energy Limited) received 'No Objection' from the Ministry of Petroleum & Natural Gas (MoPNG) for the scheme of arrangement for demerger of the Oil & Gas undertaking from Vedanta Limited.
- The demerged entity will be responsible for all pending liabilities related to exploration and production contracts.
- MoPNG rejected the application for PSC extension for Block CB-OS/2, and the Delhi High Court dismissed Vedanta's writ petition challenging this decision.
Business Update
Neutral
2026-07-24 18:50
- Board Meeting to be held on July 29, 2026, to consider the Unaudited Standalone and Consolidated Financial Results for Q1 FY27 (ended June 30, 2026).
- Concall Schedule
- Concall Date: July 30, 2026
- Concall Time: 5:00 PM to 6:30 PM IST
Business Update
Neutral
2026-07-24 18:46
- Concall Schedule
- Concall Date: July 30, 2026
- Concall Time: 5:00 PM to 6:30 PM (IST)
- The Board Meeting to consider the Unaudited Standalone and Consolidated Financial Results for Q1 ended June 30, 2026, will be held on July 29, 2026.
Ownership
Neutral
2026-07-24 16:32
- Vedanta Resources Limited (VRL) disclosed encumbrance over 56.38% equity shares of Vedanta Oil and Gas Limited (VOGL).
- This relates to a US$ 2.25 billion facility agreement dated July 20, 2026.
- VRL clarified no new pledge was created; it's a regulatory disclosure of existing encumbrances.
Ownership
Negative
2026-07-23 18:32
- Promoter group entities (Twin Star Holdings Ltd., Vedanta Resources Limited, etc.) entered into a Facility Agreement on July 20, 2026, for a total commitment of up to US$2.25 billion.
- The agreement's purpose is to refinance the VRL Group's existing debt and for general corporate purposes.
- Encumbrances have been created over the shares of Vedanta Oil and Gas Limited (VOGL), and certain activity restrictions are imposed on VOGL as a group member.
Business Update
Negative
2026-07-22 20:58
CRITICAL RED FLAG DETECTED
- Hon'ble Delhi High Court dismissed Vedanta's writ petition on PSC extension for CB/OS-2 Block on July 22, 2026.
- Company filed a Letters Patent Appeal (LPA) and is evaluating financial/operational implications.
Business Update
Neutral
2026-07-21 16:18
- Delhi High Court issued notice regarding ONGC's petition to enforce an arbitral award (approx. USD 37 million) against Vedanta Limited, dated July 31, 2023.
- The financial implication for this award is already provided for in the books of account.
- The next hearing is scheduled for September 11, 2026.
Business Update
Negative
2026-07-21 16:15
CRITICAL RED FLAG DETECTED
- Vedanta Oil and Gas received demand letters from the Directorate General of Hydrocarbons (DGH) for non-extension of 4 blocks and payment of liquidated damages, totaling ~USD 35 million plus interest.
- The company believes it has valid grounds, is pursuing legal remedies, and has requested resolution through conciliation/mediation.
Ownership
Negative
2026-07-18 18:45
CRITICAL RED FLAG DETECTED
- Vedanta Oil and Gas (VOGL) intimated a US$1 billion facility agreement by its promoter group (Twin Star, Vedanta Resources, etc.) dated July 15, 2026.
- The agreement's purpose is to repay VRL Group's financial indebtedness.
- VOGL's shares are encumbered; specific covenants and restrictions apply to VOGL.
Financials
Positive
2026-07-16 16:13
- CRISIL Ratings upgraded Vedanta Oil and Gas Limited's long-term rating to 'Crisil AA+/Stable' from 'Crisil A+/Watch Developing'.
- Short Term Rating has been withdrawn.
Business Update
Negative
2026-07-03 20:36
CRITICAL RED FLAG DETECTED
- Q1 FY2027 Average Gross Operated Production was 77.7 kboepd, down 17% YoY (vs Q1 FY2026) and 5% QoQ (vs Q4 FY2026).
- Vedanta aims to arrest decline and build growth through exploration and enhanced oil recovery.
- Litigation is ongoing regarding the rejection of Cambay block PSC extension application.