Indian Oil Corporation senior management superannuates on May 31

Indian Oil Corporation Limited announced the superannuation of four senior management personnel effective May 31, 2026. The disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, details the departure of officials one level below the Board of Directors. This leadership transition impacts critical verticals including LPG business operations and regional vigilance functions.

The superannuation affects the Country Head (LPG Business) at the Marketing Head Office, alongside Executive Directors overseeing the Northern Region, Maharashtra State Office, and Corporate Vigilance. The changes were formally communicated to the stock exchanges on June 1, 2026.

Superannuated Officials

The following personnel have retired from their services:

Name	Designation
Mr. Kurumaddali Sailendra	Country Head (LPG Business), Marketing Head Office
Mr. Jagdeep Kumar Rana	Executive Director, Northern Region Office
Mr. Gur Prasad	Executive Director & State Head, Maharashtra State Office
Mr. Rajiv Kacker	Executive Director I/c (Vigilance), Corporate Office

The filing was signed by Kamal Kumar Gwalani, Company Secretary of Indian Oil Corporation Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.03%	-0.48%	-3.74%	-14.19%	-3.41%	+90.58%

Indian Oil Corporation Limited has issued a notice to shareholders regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action applies to shares on which dividends have remained unclaimed for seven consecutive years or more, in accordance with the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The company has identified shareholders who have not claimed the final dividend for the financial year 2018-19 and subsequent years, making their shares liable for transfer to the IEPF after September 2, 2026.

The company has communicated individually with affected shareholders at their registered addresses on May 26, 2026. Additionally, the details of shareholders and shares due for transfer have been uploaded on the company’s official website. Shareholders are advised to verify their status on the designated web portal to confirm if their holdings are subject to this transfer.

Claim Process and Deadline

Shareholders wishing to prevent the transfer of their shares must submit a manifestation along with necessary documents, such as a copy of their PAN card and address proof, to the company or its Registrar & Transfer Agent, KFin Technologies Ltd. The deadline for this submission is July 31, 2026. If no response is received by this date, the company will proceed with transferring the unpaid dividends and the corresponding shares to the IEPF Authority without further notice.

Consequences of Transfer

Upon transfer to the IEPF Authority, original share certificates held in physical form will be automatically cancelled and deemed non-negotiable. The company will issue new share certificates specifically for the purpose of transferring ownership to the IEPF Authority. However, shareholders retain the right to claim back the transferred shares and any accrued benefits by following the procedure prescribed under the Rules, though this must be done directly with the IEPF Authority.

Key Dates and Contact Information

Event	Date
Individual Communication Sent	May 26, 2026
Claim Deadline for Shareholders	July 31, 2026
Proposed Transfer to IEPF	September 2, 2026

For any clarifications, shareholders may contact Mr. Bhaskar Roy at KFin Technologies Ltd., Unit: IndianOil, Selenium Tower B, Plot number 31 & 32, Financial District, Nanakramguda, Hyderabad - 500032. Queries can also be directed via the toll-free number 1800 309 4001 or through email at einward.ris@kfintech.com .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE242A01010/2787f68fa91e447c.pdf