Meeting Details

The 67th Annual General Meeting will be held on Thursday, September 17, 2026 at 11:00 A.M. through Video Conferencing/Other Audio Visual Means. The proceedings shall be deemed to be conducted at the Registered Office of the Company at Duliajan, Dist. Dibrugarh, Assam–786602.

Ordinary Business Items

67.01: Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements for the year ended March 31, 2026 together with Directors' Report, Auditors' Report and Comments of the Comptroller & Auditor General of India.

67.02: Dividend Declaration

To declare Final Dividend of ₹1 per share (10% of paid-up capital) for financial year 2025-26 on equity shares.

67.03: Director Re-appointment

To appoint Shri Abhijit Majumder (DIN:10788427), Director (Finance) who retires by rotation and offers himself for re-appointment.

67.04: Auditor Remuneration

To authorize Board of Directors to decide remuneration/fees of Statutory Auditors appointed by C&AG for FY 2026-27.

Special Business Items

67.05: Appointment of Government Nominee Director

Ordinary Resolution to appoint Shri Bhupinder Kumar [DIN: 11596173] as Government Nominee Director, appointed by Board w.e.f. March 10, 2026 pursuant to Ministry of Petroleum and Natural Gas letter dated March 9, 2026.

67.06: Amendment of Memorandum of Association Objects Clause

Special Resolution to amend Objects Clause including re-numbering and bifurcation of clauses, inclusion of sub-clauses 8 & 9 and additions in sub-clause 44. New objects include exploration of Strategic and Critical Minerals, fertilizer manufacturing business, and Carbon Capture Utilization Sequestration (CCUS), Geothermal, Hydrogen, Pump Storage Projects & Compressed Biogas.

67.07: Increase in Authorized Share Capital

Ordinary Resolution to increase Authorized Share Capital from ₹2000 crore (200 crore equity shares of ₹10 each) to ₹5000 crore (500 crore equity shares of ₹10 each). Current paid-up share capital is ₹1626.61 crore.

67.08: Amendment of Articles of Association

Special Resolution to alter Articles of Association to align with Companies Act, 2013 and Rules made thereunder.

67.09: Ratification of Cost Auditor Remuneration

Ordinary Resolution to ratify remuneration of M/s Shome & Banerjee, Cost Accountants, at aggregate remuneration of ₹3,00,000 per annum plus applicable taxes and reimbursement of out-of-pocket expenses for FY 2026-27.

Voting Information

Remote E-voting Period

Begins on Sunday, September 13, 2026 at 10:00 A.M. and ends on Wednesday, September 16, 2026 at 05:00 P.M. through CDSL platform.

Cut-off Date

September 10, 2026 for determining voting rights.

Record Date for Dividend

September 4, 2026. Dividend will be paid within 30 days of declaration to eligible shareholders.

Scrutinizer

Ms. Parul Jain, Managing Partner, M/s VAP & Associates, Practising Company Secretaries.

Document Availability

Notice and Integrated Annual Report available on company website (www.oil-india.com), BSE (www.bseindia.com), NSE (www.nse-india.com), and CDSL e-Voting System. Physical copies available on specific request.

Dividend Payment Details

Dividend payable to members whose names appear on Company's Register of Members and beneficial owners' position from NSDL & CDSL as at close of working hours on Record Date (September 4, 2026). Bank particulars registered against depository accounts will be used for payment.

Director Profiles

Shri Abhijit Majumder (Director - Finance)

  • Appointment Date: November 20, 2024
  • Shares Held: 1,530
  • Qualifications: Member of Institute of Cost Accountants of India, Bachelor's degree in Economics, Bachelor of Laws (LLB), Post Graduate Diploma in Forex Management
  • Experience: 34 years in Corporate Finance, Compliance, Project Management, Business Development
  • Directorships: Oil India Sweden AB, Beas Rovuma Energy Mauritius Limited, Brahmaputra Cracker and Polymer Limited, Assam Valley Fertilizer and Chemical Limited

Shri Bhupinder Kumar (Government Nominee Director)

  • Appointment Date: March 10, 2026
  • Shares Held: Nil
  • Qualifications: B.Tech in Electronics & Communication, M.A (Public Policy), Indian Administrative Service (2011 batch)
  • Experience: 15 years in government service, previously served as Secretary to Govt. of Jammu & Kashmir