Inter State Oil Carrier Revises Tentative Calendar of Events for Postal Ballot Process

1 min read     Updated on 18 May 2026, 01:21 PM
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Inter State Oil Carrier Limited revised its Postal Ballot calendar of events on 18 May 2026, updating the schedule previously communicated on 11th May, 2026. The e-voting period runs from 24th May, 2026 at 9:00 A.M. to 22nd June, 2026 at 5:00 P.M., with the resolution deemed passed on 22nd June, 2026. The Scrutinizer's Report submission, declaration of results, and dissemination to the stock exchange and website are all scheduled on or before 24th June, 2026. All other terms and conditions of the Postal Ballot process remain unchanged.

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Inter State Oil Carrier Limited has informed BSE Limited of a revision to its tentative calendar of events for the Postal Ballot process, superseding its earlier intimation dated 11th May, 2026. The communication, dated 18 May 2026, was submitted by Company Secretary and Compliance Officer Rashmi Sharma, and confirms that all other terms and conditions of the Postal Ballot process remain unchanged.

Revised Postal Ballot Schedule

The updated schedule outlines key milestones from the circulation of the notice through to the dissemination of results. The following table presents the revised timeline in detail:

Particulars: Date Day
Proposed Date of completion of Circulation of Notice: 22nd May, 2026 Friday
Publication of advertisement in newspapers: 23rd May, 2026 Saturday
Commencement of e-voting: 24th May, 2026 (9:00 A.M.) Sunday
Last date for remote e-voting: 22nd June, 2026 (5:00 P.M.) Monday
Date on which resolution shall be deemed passed: 22nd June, 2026 Monday
Submission of Scrutinizer's Report: On or before 24th June, 2026 Wednesday
Declaration of results: On or before 24th June, 2026 Wednesday
Dissemination of results to Stock Exchange and website: 24th June, 2026 Wednesday

Key Process Details

The Postal Ballot process spans from 22nd May, 2026, when the circulation of the notice is scheduled to be completed, through to 24th June, 2026, the deadline for the declaration and dissemination of results. The e-voting window opens on 24th May, 2026 at 9:00 A.M. and closes on 22nd June, 2026 at 5:00 P.M. The resolution is deemed passed on 22nd June, 2026, the same day as the last date for remote e-voting. The Scrutinizer's Report is to be submitted on or before 24th June, 2026, following which results will be formally declared and communicated to the stock exchange and the company's website.

Historical Stock Returns for Inter State Oil Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
-3.57%-9.88%-6.72%-5.88%-18.42%+217.90%

What specific resolutions are being put to shareholder vote in this Postal Ballot, and how might they impact Inter State Oil Carrier's strategic direction?

What prompted the revision to the original Postal Ballot timeline announced on 11th May, 2026, and could further delays be expected before the June 22nd voting deadline?

How have institutional and retail shareholders of Inter State Oil Carrier historically responded to Postal Ballot resolutions, and what level of participation is anticipated this time?

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Inter State Oil Carrier Reports 24.28 ('000 MTs) Volume in April 2026 Amid Logistics Disruptions

1 min read     Updated on 09 May 2026, 12:59 AM
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Inter State Oil Carrier Limited reported a volume handled of 24.28 ('000 MTs) for April 2026, reflecting a decline of approximately 17.25% from 29.34 ('000 MTs) in March 2026 and approximately 3.07% from 25.05 ('000 MTs) in April 2025. The company attributed the sequential decline to disruptions in transportation movement and operational challenges stemming from a prevailing war-like situation and related market uncertainties. Over the trailing twelve months, volumes ranged from a low of 21.17 ('000 MTs) in September 2025 to a peak of 29.34 ('000 MTs) in March 2026. The disclosure was made under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

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Inter State Oil Carrier Limited disclosed its monthly business update for April 2026 under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015. The update, filed on 08.05.2026 and reviewed by the management, reveals that the company handled a volume of 24.28 ('000 MTs) during the month of April 2026. This figure marks a notable sequential decline from the peak monthly volume recorded in the preceding twelve-month period.

Monthly Volume Performance

The volume of 24.28 ('000 MTs) handled in April 2026 reflects a decline of approximately 17.25% compared to 29.34 ('000 MTs) handled in March 2026, which was the highest monthly volume recorded in the trailing twelve-month period. On a year-on-year basis, the April 2026 volume represents a marginal decline of approximately 3.07% compared to 25.05 ('000 MTs) handled in April 2025. The company noted that the decline was primarily attributable to disruptions in transportation movement and operational challenges arising from the prevailing war-like situation and related market uncertainties, which adversely impacted logistics activities during the period.

Twelve-Month Volume Trend

The following table presents the month-wise volume handled by Inter State Oil Carrier from April 2025 to April 2026, as disclosed in the regulatory filing:

Month: Volume ('000 MTs)
Apr-25 25.05
May-25 24.92
Jun-25 26.00
Jul-25 23.98
Aug-25 24.47
Sep-25 21.17
Oct-25 22.06
Nov-25 24.64
Dec-25 28.39
Jan-26 26.23
Feb-26 27.74
Mar-26 29.34
Apr-26 24.28

The data indicates that the lowest volume in the trailing twelve months was recorded in September 2025 at 21.17 ('000 MTs), while the highest was in March 2026 at 29.34 ('000 MTs). The April 2026 volume of 24.28 ('000 MTs) positions the month among the lower-performing periods in the observed range, though it remains above the September 2025 trough.

Regulatory Disclosure

The monthly business update was submitted to BSE Limited's Listing Department by Company Secretary and Compliance Officer Rashmi Sharma (Membership No. A34765). The information has been provided as per limited review by the management and is intended for record, members, and the public at large, in compliance with applicable SEBI regulations.

Historical Stock Returns for Inter State Oil Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
-3.57%-9.88%-6.72%-5.88%-18.42%+217.90%

How long is the war-like situation expected to persist, and what contingency plans does Inter State Oil Carrier have to mitigate prolonged disruptions to its logistics operations?

Could the April 2026 volume decline signal a broader trend of contraction in India's oil transportation sector, and how might peer companies in the segment be affected?

Will Inter State Oil Carrier revise its annual volume guidance or financial targets for FY2026-27 in light of the geopolitical disruptions impacting its operations?

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1 Year Returns:-18.42%