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ONGC Declares ₹8 Per Share Interim Dividend and Approves ₹10,000 Crore Loan to ONGC Videsh for FY 2026-27

Company announces unaudited Q2 and H1 financial results for September 2026 and sets November 12 as record date for dividend

Oil and Natural Gas Corporation Limited (ONGC) announced its unaudited financial results for Q2 and H1 ending 30th Sept 2026, declared a ₹8 per share first interim dividend for FY 2026-27, and approved a ₹10,000 Crore inter-corporate loan to subsidiary ONGC Videsh Limited valid for 5 years.

9 hours ago|ONGC-2.13%
Oil and Natural Gas Corporation LimitedONGCFinancial Results

Oil and Natural Gas Corporation Limited

Financial Results

Oil and Natural Gas Corporation Limited (ONGC) declared a first interim dividend of ₹8 per equity share for the financial year 2026-27 and approved an inter-corporate loan of up to ₹10,000 Crore to its wholly owned subsidiary ONGC Videsh Limited, alongside releasing unaudited financial results for the quarter and half year ended 30 September 2026.

The Board of Directors met on November 5, 2026, and approved the unaudited standalone and consolidated financial results for the second quarter and first half of the financial year ending September 30, 2026. These results were accompanied by a limited review report from the auditors.

The first interim dividend announced is ₹8 per equity share of ₹5 face value, equivalent to a 160% dividend rate for FY 2026-27. The record date to determine shareholders' eligibility for this dividend is set for November 12, 2026, with payment expected within 30 days from declaration.

Additionally, the Board authorized an inter-corporate loan facility to ONGC Videsh Limited, a wholly owned subsidiary, for an amount not exceeding ₹10,000 Crore outstanding at any time. The loan is valid for a period of five years with mutually agreed terms between the two entities.

The company also disclosed that as of September 30, 2026, it had ₹1,000 Crore in unsecured Non-Convertible Debentures (NCDs) outstanding, for which security cover certificates are not applicable due to their unsecured status.

Highlights

  • 1st Interim Dividend of ₹8 per equity share declared for FY 2026-27, record date fixed on 12 November 2026.
  • Board approved unaudited financial results for Q2 and H1 ending 30 September 2026 with auditor's limited review.
  • Inter-corporate loan facility up to ₹10,000 Crore approved for ONGC Videsh Limited, valid for five years.
  • ₹1,000 Crore unsecured NCDs outstanding as of 30 September 2026 with disclosure on security cover non-applicability.
  • Dividend payment will be made within 30 days from the declaration date.

Key Data Snapshot

1st Interim Dividend per share₹8 per equity share of ₹5 face value
Dividend rate160%
Record Date for dividend12 November 2026
Inter-Corporate loan value approved₹10,000 Crore
Inter-Corporate loan term5 years
NCDs outstanding as on 30 September 2026₹1,000 Crore

What happened

  • ONGC's Board met on 5th November 2026 and approved key corporate and financial decisions.
  • Declared first interim dividend of ₹8 per equity share for FY 2026-27 with record date fixed at 12th November 2026.
  • Approved unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026.
  • Authorized an inter-corporate loan of up to ₹10,000 Crore to its wholly owned subsidiary ONGC Videsh Limited, valid for five years, with mutually agreed terms.

Key details

  • The dividend is equivalent to 160% of the equity share face value.
  • Dividend payment is to be made within 30 days from declaration date.
  • The inter-corporate loan value of ₹10,000 Crore is an outstanding limit at any given point during the 5-year term.
  • ONGC had ₹1,000 Crore unsecured Non-Convertible Debentures outstanding as of 30 September 2026; security cover certificates are not applicable as these NCDs are unsecured.
  • Unaudited financial results accompanied by limited review report were approved and filed per SEBI regulations.

Regulatory and governance context

  • Dividend declaration and financial disclosures comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulations 33 & 52.
  • NCD disclosures submitted in line with SEBI Listing Regulations, clarifying applicability regarding security cover for unsecured NCDs.
  • Auditors conducted limited review per applicable Indian Accounting Standards (Ind AS 34) and found no material misstatements.
  • Board meeting held from 13:40 to 15:40 hrs on 5th November 2026 with outcomes disclosed to stock exchanges.

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