with market value of 20,907.33 crore, Oil India Limited is a large-cap company in the energy industry. The company is well represented throughout the hydrocarbon value chain. Apart from generating Liquefied Petroleum Gas (LPG), it also transports crude oil and refined petroleum products on pipelines nationwide. OIL, a Navratna enterprise, is India’s second largest national oil and gas company and a state-owned firm of the Government of India. It is administered by the Ministry of Petroleum and Natural Gas.
The company said in a regulatory filing that “this is in line with our even-numbered letter. Notice is dated 26.08.2022 that 63rd Annual General Meeting (AGM) of the Members of the Company will be held on Saturday, 24th September, 2022 at 11 AM through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Will go We hereby further notify the following:
The Register of Members and Share Transfer Book of the Company shall be closed from 18th September, 2022 to 24th September, 2022 (both days inclusive) for the purpose of AGM and ascertaining the eligibility of the members for payment of Final Dividend 2021-22 @ Rs. . .5/- per share (50% of the paid-up capital) on equity shares of the company subject to the approval of the members of the company at the AGM.
The final dividend, if approved at the AGM, will be paid/remitted on or before 23rd October. 2022 for those members whose names appear in the register of members of the Company and as on Saturday, the 17th September, 2022 (record date) working hours as per the status of beneficial owners received from NSDL and CDSL.”
Oil India Limited shares closed today 192.90 each, up 2.36% from the previous close 188.45 per share. In the last 1 year, the stock has gained 5.99% and on YTD basis, the stock has fallen by 2.97% so far in 2022. The stock had touched a 52-week high on NSE. 306.00 (10-Jun-2022) and 52-week low At 169.60 (20-Dec-2021) it shows that the stock is trading up 36.96% from the high and 13.73% from the low in the current market.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.