Oil and Natural Gas Corporation Limited has submitted its quarterly compliance certificate to stock exchanges and depositories for the quarter ended 31st March, 2026. The filing demonstrates the company's adherence to regulatory requirements under SEBI's depository framework.

Regulatory Compliance Filing

The company filed its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on 02nd April, 2026. The certificate was submitted to multiple regulatory bodies and market infrastructure institutions.

Registrar Confirmation

Alankit Assignments Limited, serving as ONGC's Registrar & Share Transfer Agent, issued the compliance certificate on 1st April, 2026. The registrar confirmed adherence to dematerialization requirements for the specified quarter.

The certificate confirms two key compliance aspects:

• Securities comprised in physical certificates have been listed on stock exchanges
• Physical certificates have been duly verified, mutilated, cancelled, and depository names substituted in records as registered owners

Corporate Governance

The filing was signed by Shashi Bhushan Singh, Company Secretary & Compliance Officer of ONGC, demonstrating the company's commitment to regulatory compliance. Kamal Garg, General Manager at Alankit Assignments Limited, authenticated the registrar's certificate.

This quarterly compliance filing is part of ONGC's regular regulatory obligations, ensuring transparency in share transfer and dematerialization processes as mandated by SEBI regulations.

Oil & Natural Gas Corporation has received an ESG rating of 49, categorized as 'Adequate', from ESG Risk Assessments & Insights Limited (ESGRisk.ai). The company disclosed this development to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Overview

The ESG assessment, conducted by the SEBI-registered rating provider, evaluated ONGC across three key pillars with varying weightages:

The rating places ONGC in the 'Adequate' category, indicating a company that demonstrates adequate track record in managing material ESG risks but has inadequate risk management framework according to ESGRisk.ai's rating scale.

Company Clarification

ONGC emphasized in its stock exchange filing that it neither engaged ESGRisk.ai for preparing the report nor was the report finalized under consultation with the company. The assessment was prepared independently from the perspective of stakeholder employment services, while ONGC's Business Responsibility and Sustainability Report has been reasonably assured by Bureau Veritas.

Material Events Impact

The ESG rating was significantly affected by material events that resulted in an overall score deduction of 12.88 points. The assessment identified eight material events across different impact levels:

These events were distributed across categories, with governance issues (5 events) and social concerns (3 events) being the primary areas of impact, while no environmental events were recorded.

Key Strengths and Areas for Improvement

The assessment highlighted ONGC's strengths in human rights, employment quality, biodiversity impact, community engagement, and customer engagement. However, it identified weaknesses in board committee effectiveness, occupational health and safety, water pollution management, waste management, and related party transaction disclosures.

Rating Methodology and Scope

ESGRisk.ai's assessment covered 34 key issues using 1,108 indicators weighted based on materiality and industry relevance. The rating reflects ONGC's ESG strategy, programs, results, and controversies, providing stakeholders with a quantified measure of the company's ESG risk exposure and management framework. The rating was assigned in accordance with ESGRisk.ai's published methodology and remains subject to limitations on disclosure of proprietary models and peer data under SEBI's confidentiality guidelines.