HOEC delays FY26 audited results submission to June 11

Hindustan Oil Exploration Company Limited will submit its audited standalone and consolidated financial statements for the financial year 2025-26 on June 11, 2026. The delay is attributed to changes in key management personnel, the Audit Committee, and statutory auditors effective April 1, 2026. The company requires additional time to finalize and approve the accounts under these circumstances.

Reasons for Delay

After the end of the financial year, changes occurred in the Key Management Personnel, specifically the Managing Director & CEO and Chief Financial Officer. The constitution of the Audit Committee was also altered. Additionally, there was a change in the Statutory Auditors due to mandatory rotation requirements.

Trading Window Status

The trading window for the company continues to remain closed from April 1, 2026. It will remain shut until 48 hours after the declaration of the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

Board Meeting Schedule

The Board of Directors of the company will meet on June 11, 2026. The primary agenda is to consider and approve the delayed audited financial statements for FY26.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.68%	+1.32%	+13.37%	+19.28%	-5.22%	+70.57%

Hindustan Oil Exploration Company Limited has commenced the resale of its B-80 crude oil cargo to a third-party buyer, marking a key development in its ongoing matter with HPCL. The disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was signed by Managing Director & CEO Baroruchi Mishra and submitted to the stock exchanges for record.

B-80 Crude Oil Matter: Key Developments

The following table summarises the key details of the latest disclosures:

Parameter:	Details
Disclosure Date:	May 18, 2026
Regulation:	Regulation 30, SEBI Listing Regulations
Field:	B-80
Crude Storage Location:	HPCL - Mumbai Refinery storage tanks
Storage Condition:	Commingled with other crudes
Buyer Type:	Third-party buyer
Resale Status:	Commenced
Signatory:	Baroruchi Mishra, Managing Director & CEO

Resale of B-80 Crude Oil

In continuation of earlier disclosures relating to the supply of crude oil from the B-80 field to HPCL, Hindustan Oil Exploration Company has informed the exchanges that the resale of B-80 crude oil cargo to a third-party buyer has begun. The B-80 crude is currently stored in HPCL's Mumbai Refinery storage tanks in a commingled state with other crudes. The company has requested the stock exchanges to take the submission on record.

Constructive Engagement with HPCL

Hindustan Oil Exploration Company and HPCL continue to engage constructively and are working towards an amicable resolution of the matter. This development reflects an ongoing effort by both parties to address outstanding issues related to the B-80 crude oil supply in a structured manner.