At meeting held on 28 November 2016Oil India announced that the Board of Directors of the Company in their Meeting held on 28 November 2016, inter alia, have recommended 'Issue of Bonus shares' in the ratio of 1:3 i.e. One (1) bonus equity shares of Rs. 10/- each for every Three (3) existing fully paid up equity share of Rs. 10/- each subject to approval of the shareholders.
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