OIL2026-08-06OIL2026-08-06in-capmkt:StageOfTheLitigationIsConcludedOrDisputeIsResolvedMemberOIL2026-08-06in-capmkt:DevelopmentInRelationToProceedingsMemberOILOil India Limited533106NOTLISTEDINE274J01014Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)Regularly till the litigation is concluded or dispute is resolvedNewfalse2026-08-0519:35:002026-08-06Development in relation to proceedingsState of Assam amended the Assam Taxation (on Specified Lands) Act, 1990 (“the Principal Act”) vide the Assam Taxation (on Specified Lands) (Amendment) Act, 2004. As per the said Amendment Act, an oil producer is required to pay, in the case of Crude Oil, Rs. 200/- per metric tonne and in the case of Natural Gas, Rs. 100/- per thousand cubic meters of annual productivity of the land. Accordingly, the Government of Assam has raised a demand of approx. Rs. 2484.81 crores for the years 2005-2024 under the impugned Amendment Act, which has been challenged by OIL as it is ultra vires of the Constitution of India.2023-08-14The case was pending before Hon’ble Supreme Court for hearing. The matter was last listed on 29.07.2026. As per the order dated 29.07.2026, the State of Assam informed the Court that the State wishes to withdraw the specific land tax imposed on mineral oil and will move an appropriate bill in the State Legislature for this purpose. Based on the statement made by the State of Assam, the Hon’ble Supreme Court disposed of Transferred Case (C) No. 232 of 2020 as well as Writ Appeal No. 599/2005 pending before the Gauhati High Court. All pending interlocutory applications were also disposed of.OthersT.C.(C) No. 232 - / 2020 before Hon’ble Supreme Court of India.