Oil and Natural Gas Corporation Limited has uploaded the transcript of its conference call with analysts and investors to its official website. The document, accessible via a dedicated link, provides stakeholders with direct insight into management's commentary on operational and strategic perspectives. This disclosure ensures transparency regarding the proceedings of the interaction held previously this month.

The filing was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the transcript has been hosted online, allowing investors to review the discussion points and financial outlook shared during the session.

The conference call was initially communicated to the exchanges on May 22, 2026, and May 27, 2026. The submission of the transcript fulfills the regulatory requirement to maintain a record of such material interactions with the investment community.

Stakeholders can access the full transcript to understand the operational and strategic perspectives discussed by the leadership of Oil and Natural Gas Corporation Limited . The filing was signed by Shashi Bhushan Singh, Company Secretary & Compliance Officer.

Oil and Natural Gas Corporation has submitted newspaper clippings to the National Stock Exchange of India Ltd. and BSE Limited confirming the publication of its Postal Ballot Notice and Remote E-voting. The notice was published in the All India Editions of Hindustan Times (English) and Hindustan (Hindi) on June 4, 2026. This disclosure follows Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The postal ballot process seeks shareholder approval for material related party transactions associated with its Area-1 Offshore Mozambique Project. The company is proposing two key resolutions: an AssetCo structure involving asset transfers and an amendment to the Debt Service Undertaking (DSU). The total estimated value of these transactions exceeds USD 5.5 billion.

The first resolution seeks approval for ONGC Videsh Rovuma Limited (OVRL) and Beas Rovuma Energy Mozambique Limited (BREML), step-down subsidiaries of the company, to transfer Golfinho-Atum project related assets to Moz LNG1 AssetCo, Limitada. This transaction, valued at approximately USD 2,440 million, will be executed as an Asset for Equity transfer followed by an Equity for Equity transaction with Moz LNG1 HoldCo, Limitada. The restructuring aims to align the project with customary international project financing structures.

The second resolution pertains to the amendment of the existing guarantee support in the form of a Debt Service Undertaking (DSU) provided to senior creditors. The company proposes to extend the validity of this DSU, which guarantees the repayment of its proportionate share of senior debt obligations, up to 2033. The value of this guarantee support is not expected to exceed USD 3,072 million. This extension is necessary to facilitate project financing arrangements for the 16% Participating Interest held through subsidiary and associate companies of ONGC Videsh Limited.

The Board of Directors has reviewed the certificates provided by the Whole Time Director and the CFO of the company, noting that the Audit Committee was absent during the review. The company stated that the terms of the proposed transactions are not unfavourable compared to those between unrelated parties. The transactions were delayed in FY 2025-26 due to pending approvals from lenders, necessitating fresh approvals from shareholders.

Shashi Bhushan Singh, Company Secretary & Compliance Officer, signed the notice on June 3, 2026. The remote e-voting period commences at 10:00 AM (IST) on June 4, 2026, and concludes at 05:00 PM (IST) on July 3, 2026. Shri Sachin Agarwal of M/s. Agarwal S. & Associates has been appointed as the Scrutinizer for the postal ballot and e-voting process.