Oil India Limited holds its 60th Annual General Meeting

Sarkaritel
By Sarkaritel August 17, 2019 20:01


Fiscal 2018-19- a year of significant achievements for the Company

  • Reported revenue of Rs 15170.00 crore, which is highest till date
  • For the seventeenth consecutive year, OIL received “NIL” Comments on its Accounts from the Comptroller and Auditor General of India
  • OIL is the first oil sector company to list its Foreign Currency Bonds of USD 550 million at the International Security Market of London Stock Exchange.
  • Successfully commissioned Cyclic Steam Stimulation technology in Baghewala fields, Rajasthan, for enhancement of production of heavy oil. This technology is implemented for the first time in India by OIL.
  • Allotted Bonus shares in the ratio 1:2 in April, 2018 and offered Buyback opportunity in March 2019, at a price of Rs 215.00 per share against prevailing price of Rs 179.00 per share.

Sarkaritel
By Sarkaritel August 17, 2019 20:01