ONGC Records ₹68.58 Crore Block Trade on NSE at ₹240.10 Per Share

1 min read     Updated on 11 Dec 2025, 11:05 AM
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Overview

Oil & Natural Gas Corporation Limited executed a major block trade on NSE worth ₹68.58 crores, involving 2,856,262 shares at ₹240.10 per share. This institutional transaction reflects significant market activity in the energy sector stock.

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Oil & Natural Gas Corporation Limited has recorded a significant block trade transaction on the National Stock Exchange (NSE), marking notable institutional activity in the energy sector.

Block Trade Details

The transaction involved a substantial volume of shares traded outside regular market hours. The following table summarizes the key parameters of this block trade:

Parameter: Details
Total Transaction Value: ₹68.58 crores
Number of Shares: 2,856,262 shares
Price Per Share: ₹240.10
Exchange: National Stock Exchange (NSE)

Transaction Significance

Block trades represent large-volume transactions that are typically executed between institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular trading hours to minimize market impact and provide better price discovery for large volumes.

The executed price of ₹240.10 per share reflects the negotiated rate between the participating parties for this bulk transaction. Such trades often indicate institutional repositioning or strategic investment decisions by large investors in the company.

Market Context

As one of India's leading oil and natural gas exploration companies, ONGC remains a key stock in the energy sector. Block trades of this magnitude typically attract market attention as they may signal institutional sentiment and potential shifts in major shareholding patterns.

The transaction volume of approximately 2.86 million shares represents a significant portion of trading activity, highlighting the scale of institutional participation in the company's stock.

Historical Stock Returns for Oil & Natural Gas Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%-1.37%-4.23%-3.40%-6.89%+146.81%
Oil & Natural Gas Corporation
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ONGC Board Extends Chairman Arun Kumar Singh's Tenure for One Year

1 min read     Updated on 05 Dec 2025, 09:56 PM
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Reviewed by
Shriram SScanX News Team
Overview

ONGC's Board of Directors has approved the re-employment of Arun Kumar Singh as Chairman on a contract basis for one year, effective December 7, 2025. Singh, who has been serving as Chairman and CEO since December 7, 2022, will continue in his role until a regular incumbent assumes charge or further orders are issued. With nearly four decades of experience in the oil and gas industry, Singh also chairs several ONGC group companies and holds influential positions in industry organizations.

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Oil & Natural Gas Corporation (ONGC), India's leading oil and gas exploration and production company, has announced a significant leadership decision. The Board of Directors, in a meeting held on December 5, 2025, approved the re-employment of Arun Kumar Singh as Chairman of ONGC on a contract basis.

Key Details of the Re-employment

Aspect Details
Re-employed Executive Arun Kumar Singh
Position Chairman, ONGC
Duration One year
Effective Date December 7, 2025
Terms Contract basis
Condition Until regular incumbent assumes charge or further orders

About Arun Kumar Singh

Arun Kumar Singh, who has been serving as the Chairman and CEO of ONGC since December 7, 2022, brings a wealth of experience to his role. With nearly four decades in the oil and gas industry, Singh's leadership extends beyond ONGC to several of its group companies.

Leadership Roles

Singh currently holds the position of Chairman in several ONGC group companies, including:

  • ONGC Videsh Limited (OVL)
  • Mangalore Refinery & Petrochemicals Limited (MRPL)
  • ONGC Petro additions Limited (OPaL)
  • ONGC Green Ltd. (OGL)
  • Ayana Renewable Power Pvt. Ltd. (ARPPL)
  • ONGC Energy Centre Trust (OECT)

Industry Recognition

Singh's influence in the industry is further exemplified by his roles as:

  • Chairman of the CII Public Sector Enterprises Council
  • Chairman of the Federation of Indian Petroleum Industry (FIPI)

Professional Background

Before joining ONGC, Singh served as the Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL), a Maharatna and Fortune Global 500 Company. His experience also includes chairing Indraprastha Gas Ltd. (IGL) and serving as President (Africa & Australia) at Bharat PetroResources Ltd (BPRL).

Educational Background

Singh is noted for his academic excellence, being a Gold Medalist in Mechanical Engineering from the National Institute of Technology, Patna.

This re-employment decision, made in accordance with the Ministry of Petroleum & Natural Gas, Government of India's letter, underscores the confidence in Singh's leadership and his importance to ONGC's ongoing operations and strategic direction.

The continuity in leadership is likely to provide stability to ONGC's operations and strategic initiatives in the coming year, as the company navigates the dynamic global energy landscape.

Historical Stock Returns for Oil & Natural Gas Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%-1.37%-4.23%-3.40%-6.89%+146.81%
Oil & Natural Gas Corporation
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