AGM Details

The 60th Annual General Meeting will be held on Monday, August 24, 2026 at 11:00 AM (IST) through Video Conference (VC)/Other Audio Visual Means (OAVM). The deemed venue is the Registered Office at No.536, Anna Salai, Teynampet, Chennai-600018.

Ordinary Business Agenda

1. To receive, consider and adopt the Audited Financial Statement (Standalone and Consolidated) for the period from April 1, 2025 to March 31, 2026, together with Directors' Report and Auditor's Reports

2. To declare Preference dividend of 6.65% (₹0.665 per Preference share) on Outstanding Preference Shares up to redemption date of September 23, 2025, amounting to ₹15.94 Crore for 2025-26

3. To declare Final Equity dividend of ₹54 per Equity Share for 2025-26

4. To appoint Director in place of Mr. Inder Jeet (DIN: 10385230) who retires by rotation

5. To appoint Director in place of Mr. Rohit Kumar Agrawala (DIN: 10048961) who retires by rotation

Special Business Agenda

6. Appointment of Mr. S.G. Venkatesh (DIN: 08823140) as Director (Technical) - appointed as Additional Director effective January 5, 2026

7. Appointment of Mr. V.C. Asokan (DIN: 11646048) as Nominee Director - appointed as Additional Director nominated by Indian Oil Corporation Limited effective April 2, 2026

8. Ratification of remuneration of Cost Auditor for 2026-27 - ₹2,75,000 plus applicable taxes and out of pocket expenses payable to M/s. Vivekanandan Unni & Associates, Cost Accountants, Chennai

Dividend Details

  • Final equity dividend: ₹54.00 per share (540% on paid-up share capital)
  • Record date for equity dividend: Friday, August 7, 2026
  • Interim dividend of ₹8.00 per equity share already declared on March 26, 2026 and remitted to shareholders on April 15, 2026
  • Preference dividend: 6.65% (₹0.665 per share) amounting to ₹15.94 crore to be paid to IOCL
  • Dividend payment will be through electronic mode to shareholders with updated bank details

Cut-off Dates and Timelines

  • Cut-off date for determining voting rights: Monday, August 17, 2026
  • Remote e-voting period: Thursday, August 20, 2026 (9:00 AM) to Sunday, August 23, 2026 (5:00 PM)
  • AGM question submission period: Thursday, August 20, 2026 to Saturday, August 22, 2026
  • Speaker registration period: Thursday, August 20, 2026 to Saturday, August 22, 2026
  • TDS document submission deadline: Friday, August 14, 2026

Service Providers

  • Registrar and Transfer Agent: M/s KFin Technologies Limited
  • Scrutinizer: M/s. Chitra Lalitha & Associates, Company Secretaries
  • Cost Auditor: M/s. Vivekanandan Unni & Associates, Cost Accountants, Chennai

Director Profiles

Mr. Inder Jeet (DIN: 10385230)

  • Government Nominee Director since November 7, 2023
  • Deputy Secretary, Ministry of Petroleum and Natural Gas
  • No shares held in company

Mr. Rohit Kumar Agrawala (DIN: 10048961)

  • Director (Finance) since March 1, 2023
  • Chartered Accountant and MBA (Gold Medalist)
  • Former Chief General Manager (Finance), Business Development Division, IOCL
  • Holds 1 directorship in other companies
  • No shares held in company

Mr. S.G. Venkatesh (DIN: 08823140)

  • Director (Technical) since January 5, 2026
  • Chemical Engineer with 31 years experience in petroleum refining
  • Former Executive Director (Petrochemicals), IOCL
  • Attended 2 board meetings during 2025-26
  • No shares held in company

Mr. V.C. Asokan (DIN: 11646048)

  • Nominee Director since April 2, 2026
  • MBA with over three decades in oil and gas sector
  • Former Vice President (Sales) at Lanka IOC PLC
  • No shares held in company

Shareholder Services

  • KYC details update required for dividend payments
  • SEBI mandate for electronic dividend payments effective April 1, 2024
  • Unclaimed dividends for FY 2017-18 transferred to IEPF
  • Physical share transfers require conversion to demat form
  • Online Dispute Resolution Portal available at https://smartodr.in/login