Indian Oil (IOC) — Board Meeting

Indian Oil Corporation Limited scheduled its 66th AGM for August 30, 2025 (virtual mode) to approve FY 2024-25 audited financials, declare dividend of ₹23 per share, and appoint new Chairman Arvinder Singh Sahney and Director Suman Kumar. Key resolutions include shareholder approval for material related party transactions totaling ₹12,000 crore in loan facilities through subsidiary IOC Global Capital Management IFSC Ltd, RPTs with six joint venture companies capped at 10% of consolidated turnover (₹8,59,363 crore), and corporate guarantee of ₹3,740.5 crore for battery-swapping JV Indofast Swap Energy with Sun Mobility.

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About Indian Oil Corporation Limited (IOC)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹1,89,902.41 Cr P/E: 17.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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