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Oil India Ltd.

BSE: 533106 Sector: Oil & Gas
NSE: OIL ISIN Code: INE274J01014
BSE 00:00 | 22 Mar 172.40 -3.15
(-1.79%)
OPEN

175.55

HIGH

177.05

LOW

171.80

NSE 00:00 | 22 Mar 172.05 -3.00
(-1.71%)
OPEN

175.60

HIGH

177.15

LOW

171.50

Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015

March 15, 2019, 6:08 pm | Source: BSE | Downlaod PDFDownload PDF

The Company has received disclosures dated 14th March 2019 in Form C under Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 as amended (Insider Trading Regulations) from the Promoter of the Company i.e. The President of India acting through Ministry of Petroleum and Natural Gas Government of India (Promoter) for the sale of 33563696 equity shares of the Company aggregating to Rs. 7216194640 pursuant to the buyback offer of the Company for the buyback of not exceeding 50498717 equity shares through stock exchange mechanism pursuant to the circular of the Securities and Exchange Board of India bearing reference number CIR/ CFD/POLICYCELL/1/2015 dated April 13 2015 read with circular bearing reference number CFD/DCR2/CIR/P/2016/131 dated December 9 2016 as may be amended from time to time.

Since the aggregate traded value is in excess of Rs.1000000 (Rupee Ten Lakhs) we are enclosing herewith the copy of Form C in the prescribed format as required under Regulation 7(2) of the Insider Trading Regulations.