News ArticleONGC Declares ₹8 Per Share Interim Dividend and Approves ₹10,000 Crore Inter-Corporate Loan to ONGC Videsh
Board approves unaudited Q2 and H1 FY2026-27 results and fixes November 12, 2026 as record date for dividend payment
Oil and Natural Gas Corporation (ONGC) approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company declared a 1st interim dividend of ₹8 per equity share for FY2026-27 and sanctioned an inter-corporate loan facility up to ₹10,000 crore to its wholly owned subsidiary ONGC Videsh Ltd. The record date for dividend eligibility is November 12, 2026.
Oil and Natural Gas Corporation Limited
Corporate Action
Oil and Natural Gas Corporation Limited (ONGC) approved its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, declared a 1st interim dividend of ₹8 per equity share (160% of face value) for FY2026-27, and sanctioned an inter-corporate loan of up to ₹10,000 crore to ONGC Videsh Limited for five years.
The Board of Directors convened on November 5, 2026, approved the unaudited financial results including the auditors' limited review report for the period ending September 30, 2026.
The declared 1st interim dividend amounts to ₹8 per equity share of ₹5 face value, representing 160% of face value. The record date for determining eligible shareholders for dividend payment is set as November 12, 2026, with the dividend to be paid within 30 days of declaration.
The Board approved granting an inter-corporate loan facility for up to ₹10,000 crore outstanding at any time, valid for five years, to ONGC Videsh Limited, a wholly owned subsidiary of ONGC, on mutually agreed terms.
The company disclosed an outstanding ₹1,000 crore unsecured Non-Convertible Debentures as of September 30, 2026. Since these are unsecured, security cover certificates are not applicable under SEBI listing regulations.
The Board meeting commenced at 13:40 hrs and concluded at 15:40 hrs on November 5, 2026.
Highlights
- Unaudited standalone and consolidated financial results for Q2 and H1 FY2026-27 approved.
- 1st interim dividend declared at ₹8 per share (160% of ₹5 face value).
- Record date for dividend fixed as November 12, 2026.
- Inter-corporate loan facility of up to ₹10,000 crore approved to ONGC Videsh Limited with a 5-year tenure.
- ₹1,000 crore unsecured Non-Convertible Debentures outstanding as on September 30, 2026.
Key Data Snapshot
What happened
- ONGC's Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY2026-27.
- Declared 1st interim dividend at ₹8 per share for FY2026-27, equivalent to 160% of face value.
- Approved inter-corporate loan up to ₹10,000 crore to wholly owned subsidiary ONGC Videsh Limited for a period of 5 years.
- Disclosed ₹1,000 crore unsecured Non-Convertible Debentures outstanding as on September 30, 2026.
Key details
- Dividend record date fixed as November 12, 2026; payment to be made within 30 days of declaration.
- Inter-corporate loan terms and conditions to be mutually agreed between ONGC and ONGC Videsh.
- Security cover certificates are not applicable for unsecured NCDs as per SEBI listing regulations.
- Board meeting held on November 5, 2026, from 13:40 hrs to 15:40 hrs.
Regulatory and governance context
- Financial results and dividend declaration are in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Disclosure under SEBI Listing Regulations regarding Non-Convertible Debentures provided.
- Limited review report submitted alongside unaudited financial results.
Highlights
- Unaudited standalone and consolidated financial results for Q2 and H1 FY2026-27 approved.
- 1st interim dividend declared at ₹8 per share (160% of ₹5 face value).
- Record date for dividend fixed as November 12, 2026.
- Inter-corporate loan facility of up to ₹10,000 crore approved to ONGC Videsh Limited with a 5-year tenure.
- ₹1,000 crore unsecured Non-Convertible Debentures outstanding as on September 30, 2026.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Regulation 33 & 52
- Regulation 52(7) & (2A) and Regulation 54(3)
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