Indian Oil Corporation Limited has scheduled the announcement of its audited standalone and consolidated financial results for FY26 on May 18, 2026, pursuant to Regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, along with the Auditors' Report. The disclosure was digitally signed by Kamal Kumar Gwalani (DIN: 10310088) on May 18, 2026.

NCD Fund Utilization: Full Deployment Confirmed

As part of its regulatory disclosures, Indian Oil Corporation has provided a detailed statement of utilization of issue proceeds for Non-Convertible Debentures (NCDs) raised through private placement. The total outstanding NCD amount as on March 31, 2026 stands at Rs. 17,000.00 crore, all of which has been fully utilized. The key parameters of the NCD disclosure are summarized below:

The individual NCD issuances and their utilization are detailed below:

Purpose of Fund Utilization

The funds raised through the NCDs were deployed for refinancing of existing borrowings and/or funding of capital expenditure of the company, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business. The original allocation of Rs. 17,000.00 crore matches the funds utilized, with no modification to the original objects and no deviation or variation reported. The company has confirmed that no approval was required to vary the objects of the issue, and comments from the Audit Committee and auditors are not applicable given the absence of any deviation.

Statement of Deviation and Asset Cover Certificate

Indian Oil Corporation has confirmed there is no deviation or variation in the use of funds raised across all NCD issuances for the quarter ended March 31, 2026. The asset cover certificate (Annexure-III), filed in accordance with applicable SEBI regulations, reflects a NIL Report for both assets and liabilities sections, indicating no security cover details were required to be reported for this filing period. The regulatory disclosures were submitted in compliance with SEBI (LODR) Regulations.

Source: None/Company/INE242A01010/d8272888-c276-4569-98ff-7ef85c6213e7.pdf

Indian Oil Corporation registered a notable block trade on the National Stock Exchange (NSE), with the transaction valued at Rs. 27.67 crores. The deal involved approximately 2,040,202 shares, executed at a price of Rs. 135.64 per share, reflecting significant activity in the stock at the institutional level.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Block trades of this scale typically involve large institutional participants and are executed outside the regular order book to minimize market impact. The transaction in Indian Oil Corporation's shares underscores continued institutional interest in the stock.