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Oil Corporation Limited2025-04-012026-03-31Quarterly2025-12-31EquitytruetruefalseDuring the quarter October-December 2025, there were no acquistions more than the threshold limits specified under Para A(1) of Part A of Schedule III of SEBI LODR.truetruetrueTop 100 listed entitiestruei00086OriginaltruefalseMrArvinder Singh Sahney******10652030Executive DirectorChairperson1970-10-09falseActiveNA2024-11-133000MrAnuj Jain******10310088Executive DirectorNot Applicable1971-10-23falseActiveNA2023-10-091010MrAlok Sharma******10453982Executive DirectorNot Applicable1966-03-24falseActiveNA2024-01-161000MsRashmi Govil******10531397Executive DirectorNot Applicable1970-09-12falseActiveNA2024-03-151010MrArvind Kumar******09224177Executive DirectorNot Applicable1967-10-17falseActiveNA2024-07-171000MrSuman Kumar******09724749Executive DirectorNot Applicable1968-07-15falseActiveNA2025-02-261000MrSaumitra Priya Srivastava******10236956Executive DirectorNot Applicable1967-10-13falseActiveNA2025-10-031000MsEsha Srivastava******08504560Non-Executive - Nominee DirectorNot Applicable1980-06-09falseActiveNA2025-06-201000MsSujata Sharma******07775238Non-Executive - Nominee DirectorNot Applicable1976-07-15falseActiveNA2024-05-111000MrPrasenjit Biswas******09398565Non-Executive - Independent DirectorNot Applicable1958-01-20falseActiveNA2025-03-2891111MrKrishnan Sadagopan******09397902Non-Executive - Independent DirectorNot Applicable1967-05-20falseActiveNA2025-03-2891111MrDattatreya Rao Sirpurker******09400251Non-Executive - Independent DirectorNot Applicable1957-08-22falseActiveNA2025-03-2891110Shri Arvinder Singh Sahney (DIN 10652030) ceases to be member of Corporate Social Responsibility upon appointment of Shri Saumitra Priya Srivastava as Director (Marketing).truetruetruetrueAudit Committee09398565Prasenjit BiswasNon-Executive - Independent DirectorChairperson2025-04-01Audit Committee09400251Dattatreya Rao SirpurkerNon-Executive - Independent DirectorMember2025-04-01Audit Committee09397902Krishnan SadagopanNon-Executive - Independent DirectorMember2025-04-01Nomination and remuneration committee09400251Dattatreya Rao SirpurkerNon-Executive - Independent DirectorChairperson2025-04-01Nomination and remuneration committee09397902Krishnan SadagopanNon-Executive - Independent DirectorMember2025-04-01Nomination and remuneration committee09398565Prasenjit BiswasNon-Executive - Independent DirectorMember2025-04-01Nomination and remuneration committee10652030Arvinder Singh SahneyExecutive DirectorMember2024-11-13Stakeholders Relationship Committee09397902Krishnan SadagopanNon-Executive - Independent DirectorChairperson2025-04-01Stakeholders Relationship Committee09398565Prasenjit BiswasNon-Executive - Independent DirectorMember2025-04-01Stakeholders Relationship Committee10310088Anuj JainExecutive DirectorMember2023-10-09Stakeholders Relationship Committee10531397Rashmi GovilExecutive DirectorMember2024-03-15Risk Management Committee10652030Arvinder Singh SahneyExecutive DirectorChairperson2024-11-13Risk Management Committee09397902Krishnan SadagopanNon-Executive - Independent DirectorMember2025-04-01Risk Management Committee10310088Anuj JainExecutive DirectorMember2023-10-09Risk Management Committee09224177Arvind KumarExecutive DirectorMember2024-07-17Risk Management Committee09724749Suman KumarExecutive DirectorMember2025-02-26Risk Management Committee10236956Saumitra Priya SrivastavaExecutive DirectorMember2025-10-03Risk Management Committee99999999Shri Arvind AcharyaChief Risk OfficerMember2025-01-01Shri Arvind Acharya, Chief Risk Officer, member of RMC but not a Director on the Board of the Company. Hence DIN not applicable to him.Corporate Social Responsibility Committee09398565Prasenjit BiswasNon-Executive - Independent DirectorChairperson2025-04-01Corporate Social Responsibility Committee09400251Dattatreya Rao SirpurkerNon-Executive - Independent DirectorMember2025-04-01Corporate Social Responsibility Committee10310088Anuj JainExecutive DirectorMember2023-10-09Corporate Social Responsibility Committee10531397Rashmi GovilExecutive DirectorMember2024-03-15Corporate Social Responsibility Committee10236956Saumitra Priya SrivastavaExecutive DirectorMember2025-10-03Corporate Social Responsibility Committee10652030Arvinder Singh SahneyExecutive DirectorMember2025-08-012025-10-022025-07-30true121232025-08-1414true111132025-10-2773true121132025-12-1245true12113Risk Management Committee (RMC) : Shri Arvind Acharya, Chief Risk Officer, member of RMC but not a Director on the Board of the Company has attended the meeting as a member of the Committee.Audit Committee2025-07-29true3330Audit Committee2025-08-1314true3220Audit Committee2025-10-2774true3220Corporate Social Responsibility Committee2025-07-24true5420Corporate Social Responsibility Committee2025-10-2794true5520Corporate Social Responsibility Committee2025-12-1245true5420Risk Management Committee2025-09-04true5511falsetruetruetrueYestruetruetrueThe composition of Board of Directors is in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 The strength of the Board of IndianOil was 12 Directors as on 31st December 2025, comprising of 7 Executive Directors (including Chairman) and 2 Non-Executive Government Nominee Directors and 3 Independent Directors. IndianOil has not been able to comply with the requirement of 50% Independent Directors, 50% Non-Executive Directors and 1 Woman Independent Director on its Board as IndianOil being a Government Company under the administrative control of the Ministry of Petroleum & Natural Gas, the power to appoint Directors on the Board vests with Government. The matter is being pursued regularly by IndianOil with Government of India. Kamal Kumar GwalaniCompany Secretary and Compliance OfficerfalseKamal Kumar GwalaniCompany Secretary and Compliance OfficerMumbai2026-01-28243450-2Central Ground Water AuthorityThe Penalty of Rs. 1,00,000/- is imposed as per Table 16.1 of MOJS guidelines dated 24.9.2020 and amendments thereof2025-10-10The Penalty of Rs. 1,00,000/- is imposed as per Table 16.1 of MOJS guidelines dated 24.9.2020 and amendments thereofRs 100000/-State Transport and Road Safety Department, SUMERPUR DTO, Govt. of RajasthanA Mobile Oil Spill Recovery Unit (MOSRU) was delivered at WRPL Kot on 15.08.2025. To ensure legal operation and emergency readiness, mandatory third-party insurance and statutory registration under RTO, Rajasthan were required. The temporary registration of vehicle was valid till 10.12.2025 and temporary insurance till 03.09.2025. During permanent registration, the Transport Department imposed a penalty of Rs. 40,819/-, citing the rule that vehicles must be registered within 30 days of purchase or entry into the State.2025-11-28The Transport Department imposed a penalty of Rs. 40,819/-, citing the rule that vehicles must be registered within 30 days of purchase or entry into the StateRs 40819/-National Stock Exchange of IndiaFine of Rs. 5,42,800 imposed for non-compliance with the provision of Reg. 17(1), of the SEBI (LODR), Regulations 2015 relating to composition of Board of Directors for the quarter ended 30th September 2025.2025-11-28Non-compliance with the requirements pertaining to the composition of the Board including failure to appoint woman director (Regulation 17(1)) for the quarter ended 30.09.2025Nil. Company had received similar notices from the NSE in the past imposing fines and waiver request from the Company was considered favorably by the Exchanges.BSE LtdFine of Rs. 5,42,800 imposed for non-compliance with the provision of Reg. 17(1), of the SEBI (LODR), Regulations 2015 relating to composition of Board of Directors for the quarter ended 30th September 20252025-11-28Non-compliance with the requirements pertaining to the composition of the Board including failure to appoint woman director (Regulation 17(1)) for the quarter ended 30.09.2025Nil. Company had received similar notices from the BSE in the past imposing fines and waiver request from the Company was considered favorably by the Exchanges.Income-Tax Department, Mumbai2019-03-23Various disallowances amounting to Rs. 1194.07 crore as per the Assessment Order for Assessment Year 2016-17. CIT(A), vide order dated 23 October 2025, has disposed of the matter by partly allowing the appeal. Through the appellate order, relief amounting to Rs. 1,102.91 crores have been obtained on account of issues decided in favour of the Corporation, as against contested disputed tax and interest of Rs. 1,194.07 crores. The Corporation will be contesting the balance disputed tax of Rs. 91.16 crores before the higher forum i.e. Income-tax Appellate Tribunal.Appeal partly allowed by CIT(A) vide order dt. 23.10.2025 allowing relief of Rs. 1,102.91 cr. Appeal before ITAT has been filed by the company for seeking relief towards balance disputed tax of Rs. 91.16 cr. Same is pending as on date. Against the order of CIT(A), Income-tax Department has also filed an appeal before the ITAT on 31-12-2025 contesting disputed tax of Rs. 905.71 cr. Said appeal is pending as on dateCommissioner Central Goods and Service Tax, Mumbai East2023-09-06Show Cause Notice (SCN) raised on Indian Oil proposing Demand of Excise duty of Rs.4002 crore on the ethanol portion contained in Ethanol Blended Motor Spirit (EBMS) sold by IndianOil during the period 01.03.2014 to 31.12.2018. The SCN was adjudicated by Commissioner, Mumbai and IndianOil got a favourable order vide Order in Original (OIO) dated 06.02.2023 and concluded the proceedings. Against the said OlO, department has filed the appeal which has been admitted by CESTAT, Mumbai vide order dated 06.09.2023 (received on 28.09.2023) and the case would be listed for merit hearingDepartmental appeal admitted by CESTAT, Mumbai. Case pending for merit hearing.