Inter State Oil Carrier Limited Corrects Financial Year Error in Related Party Transaction Filing

1 min read     Updated on 16 Feb 2026, 03:36 PM
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Suketu GScanX News Team
Overview

Inter State Oil Carrier Limited corrected inadvertent errors in Related Party Transaction approval documents submitted to BSE on February 10, 2026. The company revised financial year periods in multiple annexures from '25.05.2026 to 24.05.2029' to '01.04.2026 to 31.03.2029', ensuring compliance with SEBI LODR Regulations.

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Inter State Oil Carrier Limited has submitted a clarification to BSE Limited regarding inadvertent errors in its Related Party Transaction approval documents. The correction pertains to financial year periods mentioned in annexures attached to the original submission made on February 10, 2026.

Error Identification and Correction

The company identified discrepancies in the financial year periods mentioned across multiple annexures in its Board Meeting outcome and Regulation 30 announcement. The errors were found in Annexure B, C, and D of the original submission related to Related Party Transaction approvals under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Specific Corrections Made

The company has provided detailed corrections for the erroneous entries:

Document Section Corrected Period Previously Stated Period
Annexure B (Serial No. 4) 01.04.2026 to 31.03.2029 25.05.2026 to 24.05.2029
Annexure B, C & D (Serial No. 5) 01.04.2026 to 31.03.2029 25.05.2026 to 24.05.2029

The corrections align the agreement tenure with the standard financial year format typically followed by Indian companies.

Regulatory Compliance

The clarification was submitted under Regulation 30 of SEBI LODR Regulations, demonstrating the company's commitment to accurate regulatory reporting. Company Secretary and Compliance Officer Rashmi Sharma (Membership No. A34765) signed the clarification document on February 16, 2026.

Corporate Communication

The formal communication was addressed to BSE Limited's Listing Department, referencing the company's scrip code 530259. Inter State Oil Carrier Limited maintains its registered office at Poddar Point, Park Street, Kolkata, and operates under CIN L15142WB1984PLC037472.

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ISOCL Achieves Record Monthly Volume of 28.39K MT, Secures New LPG Contract

2 min read     Updated on 08 Nov 2025, 02:17 PM
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Reviewed by
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Overview

Inter State Oil Carrier Limited reported its highest monthly volume of 28.39 thousand metric tons in December 2025, representing 15.22% month-on-month growth and 55.14% year-on-year growth. The company has strengthened its contract portfolio by securing a new 6-month LPG movement contract with Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited for 17 tank trucks, complementing its existing 5-year contract with BPCL for 7 tankers.

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Inter State Oil Carrier Limited (ISOCL) has achieved a significant milestone by recording its highest monthly volume in December 2025, while also securing additional contracts with major oil marketing companies. The company's latest business update demonstrates strong operational momentum and expanding business relationships.

Record Volume Performance in December 2025

ISOCL achieved its highest monthly volume handling in December 2025, marking a significant operational milestone:

Parameter: December 2025 November 2025 December 2024
Volume ('000 MTs): 28.39 24.64 18.30
Month-on-Month Growth: +15.22% - -
Year-on-Year Growth: +55.14% - -

The December 2025 volume of 28.39 thousand metric tons represents the highest monthly volume recorded by the company during the last twelve months, reflecting strong cargo handling capabilities and market demand.

Expanded Contract Portfolio

The company has strengthened its contract base with major oil marketing companies through multiple agreements:

BPCL Long-term Contract

Contract Details: Specifications
Client: Bharat Petroleum Corporation Limited
Duration: 5 years
Deployment: 7 tankers for LPG transportation
Contract Type: LPG movement

New IOCL and BPCL Contract

Contract Details: Specifications
Clients: Indian Oil Corporation Limited & BPCL
Duration: 6 months (adhoc basis)
Deployment: 17 tank trucks
Service Type: LPG movement

Both contracts' values are not determinable at this stage as they depend on actual movement and operational factors during their respective tenures.

Monthly Volume Trend Analysis

The company's volume handling data shows consistent growth trajectory:

Month: Volume ('000 MTs)
December 2025: 28.39
November 2025: 24.64
October 2025: 22.06
September 2025: 21.17
August 2025: 24.47
July 2025: 23.98
June 2025: 24.92
May 2025: 25.05
April 2025: 22.17
March 2025: 18.30
February 2025: 19.69
January 2025: 18.47
December 2024: 20.13

The data indicates strong operational performance with December 2025 marking the peak monthly volume, demonstrating the company's enhanced capacity utilization and market positioning. The combination of record volume handling and expanded contract portfolio with major oil marketing companies positions ISOCL for sustained growth in the logistics sector.

Historical Stock Returns for Inter State Oil Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+3.32%+2.86%+0.49%-14.64%-24.65%+283.35%
Inter State Oil Carrier
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View All News
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