Meeting Details

The 33rd Annual General Meeting was held on Monday, 31st August 2026, through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting commenced at 11:00 hours IST and concluded at 13:45 hours IST.

Proposed Resolutions and Implications

The meeting considered the following agenda items:

Ordinary Business:

  • Item 2: Adoption of Reports of the Board of Directors, the Auditors thereon and the comments of the Comptroller and Auditor General of India.
  • Item 3: Declaration of Final Dividend of ₹1 per equity share for the financial year 2025-26.
  • Item 4: Re-appointment of Mr. Vikram Saxena (DIN: 10892368) as Director who retires by rotation.
  • Item 5: Authorization to the Board of Directors for fixing the remuneration of Statutory Auditors for FY 2026-27.

Special Business:

  • Item 6: Reappointment of Mr. Arun Kumar Singh (DIN: 06646894) as Director, designated as Chairman.
  • Item 7: Appointment of Mr. Satyan Kumar (DIN: 10181958) as Director (Strategy & Corporate Affairs).
  • Item 8: Appointment of Mr. Anupam Agarwal (DIN: 09601339) as Director (Finance).
  • Item 9: Re-appointment of Mr. Praveen Mal Khanooja (DIN: 09746472) as Government Nominee Director.
  • Item 10: Appointment of Mr. Vinod Seshan (DIN: 07985959) as Government Nominee Director.
  • Item 11: Ratification of Remuneration payable to Cost Auditors for FY'26.
  • Item 12: Appointment of Dr. Archna Thakur (DIN: 11719170) as an Independent Director.

Voting Process

Remote e-voting facility was provided to all members from Thursday, 27th August 2026 at 10:00 hours IST to Sunday, 30th August 2026 at 17:00 hours IST. Facility for e-voting was also provided during the AGM and for 15 minutes after conclusion of proceedings for members who could not cast their vote through remote e-voting.

Key Voting Outcomes

The specific voting results are not provided in this proceedings document. The Chairman informed that e-voting results along with the Scrutinizer's Report would be submitted to stock exchanges and placed on the Company's website (www.ongcindia.com) and NSDL's website (https://www.evoting.nsdl.com) within two working days of conclusion of the AGM.

Scrutinizer's Role

Mr. Sachin Agarwal of M/s Agarwal S. & Associates (C.P. No. 5910 and Membership No. FCS 5774), Practicing Company Secretary, was appointed as Scrutinizer to ensure that e-voting (remote and during AGM) is conducted in fair and transparent manner and to issue a report on voting results.

Compliance Confirmation

The meeting was conducted in compliance with the circulars issued by the Ministry of Corporate Affairs and SEBI, and in accordance with the provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attendance Details

204 members attended the AGM through VC/OAVM mode. Requisite quorum was present throughout the meeting. Representatives of Promoter (Government of India), Statutory Auditors, Secretarial Auditor & Scrutinizer, and Cost Auditors attended through VC/OAVM.

Shareholder Participation

42 shareholders registered as speakers, with 25 actually joining and raising queries. Questions covered company performance, subsidiary operations, geopolitical impacts on ONGC Videsh, capital allocation, capex commitments, Andaman Basin developments, Ashokenagar field monetization, dividend policy, and ESG matters.

Directors Present

  • Mr. Arun Kumar Singh (Chairman)
  • Mr. Manish Patil (Director - Human Resources)
  • Mr. Vikram Saxena (Director - Technology & Field Services)
  • Mr. O. P. Sinha (Director - Exploration)
  • Mr. Anupam Agarwal (Director - Finance)
  • Dr. Archna Thakur (Independent Director and Chairman of Stakeholder Relationship Committee)

Directors Absent

Mr. Praveen M. Khanooja, Mr. Vinod Seshan (Government Nominee Directors), and Mr. Satyan Kumar (Director - Strategy & Corporate Affairs) could not attend due to pre-occupation and official exigency.