The Government of India, the promoter of Oil and Natural Gas Corporation Limited , held 58.89% of the total paid-up share capital as on March 31, 2026. This disclosure was submitted to the National Stock Exchange of India Ltd and BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that there is no encumbrance, direct or indirect, on the shares held by the promoter.

The Ministry of Petroleum and Natural Gas, through an official communication dated April 08, 2026, detailed the shareholding pattern. The declaration specifies that the President of India, representing the Government of India, holds 740,88,67,093 equity shares in ONGC. This figure represents the promoter's entire stake in the state-owned enterprise.

The communication was addressed to the listing departments of both major stock exchanges. A copy of the declaration was also forwarded to the Company Secretary of ONGC for placement before the Audit Committee. The filing serves as a formal compliance update regarding the company's ownership structure.

The following table outlines the promoter's shareholding details as disclosed:

The declaration confirms that the promoter's holding remains stable with no changes in the status of encumbrance on the shares. The filing was signed by Sachin Kumar, Under Secretary to the Government of India.

ONGC Petro additions Limited (OPAL), a subsidiary of oil & natural gas corporation , has received board approval to raise up to ₹4,471 crore through the private placement of Non-Convertible Debentures (NCDs). The decision, taken during the 134th meeting of the Board of Directors on June 11, 2026, authorizes the issuance of secured or unsecured, redeemable NCDs in one or more tranches to meet the company's funding requirements.

Fundraising Details

The approval grants OPAL the authorisation to mobilise funds via the private placement route, subject to the approval of shareholders and other applicable statutory and regulatory approvals. The following table outlines the key parameters of this fundraising initiative:

About OPAL

ONGC Petro additions Limited (OPAL) is a debt-listed subsidiary of Oil and Natural Gas Corporation, one of India's leading energy companies. OPAL operates in the petrochemicals segment and has been a key part of ONGC's downstream diversification strategy. The clearance to raise funds through NCDs via private placement provides OPAL with a structured avenue to address its capital needs.