Announcements

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 , we wish to inform you that the Trading Window of the Company is already closed as intimated via letter dated 21 March 2020 and shall continue to remain closed from 01 July 2020 till 48 hours after the declaration of Unaudited Financial Results of the company for the quarter ending 30 June 2020.

With reference to our earlier announcement dated 19 June 2020 regarding intimation of Board Meeting which was scheduled to be convened on 27 June 2020 to consider and approve the Audited Financial Results for the year ended on 31 March 2020.

It is hereby informed, that the above Board Meeting has been postponed. The Revised date of the Board Meeting will be intimated soon.

Further, the Trading Window of the Company will remain closed till further intimation in this regard.

A meeting of the Board of Directors of the Company is being convened on Saturday, 27 June 2020 to consider and adopt, inter-alia, the Audited Financial Results of the Company for the year ended 31 March 2020.

Further, in continuation to our announcement dated 21 March 2020 regarding closure of trading window of the Company, kindly note that the trading window will remain closed till 29 June 2020.

The Company is pleased to announce the appointment of Ms. Deepa Bhalla as the Company Secretary & Compliance Officer of the Company. Ms. Bhalla is a member of The Institute of Company Secretaries of India (ICSI). Besides holding the membership of the Institute she is also a Law graduate from Delhi University.

The Company doesn’t have any Investment in Franklin Templeton funds after 12 March 2020. Please see attached Clarification.

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 we wish to inform you that the Trading Window of the Company will remain closed from 01 April 2020 till 48 hours after the declaration of Audited Financial Results of the Company for the year ending 31 March 2020.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Production Sharing Contract (PSC) for Indrora field will expire on 12 March 2020. The Company had initially applied for an extension of the PSC, however, considering techno – economic reasons, the Company has decided not to pursue the said extension. DGH and MoPNG recently have written to the Company that on expiry of the PSC, the field should be handed over to ONGC. This process is ongoing and is expected to be completed on schedule on 12 March 2020.

This has also been reported in our Unaudited Financial Results approved in the Board Meeting held today.

The Board of Directors in their meeting held today, have declared an Interim Dividend of 50% (i.e. Rs. 5/- per equity share) for the Financial Year 2019-20. The Record Date for the purpose of Interim Dividend has been fixed as of Monday, 24th February 2020 (instead of Saturday, 15 February 2020 as announced via announcement dated 30 January 2020). Further, it is hereby informed that the said dividend shall be paid/dispatched within 30 days of declaration of Interim Dividend.

A meeting of the Board of Directors of the Company is being convened on Saturday, 08 February 2020 to consider and adopt, inter-alia, the Unaudited Financial Results of the Company for the quarter ended 31 December 2019 and Interim Dividend for the financial year 2019-20 on Equity share of the Company.

The Record Date for the purpose of Interim Dividend, if declared, will be Saturday, 15 February 2020.
Further, in continuation to our announcement dated 31 December 2019 regarding the closure of trading window of the Company, kindly note that the trading window will remain closed till 10 February 2020.

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 we wish to inform you that the Trading Window of the Company will remain closed from 01 January 2020 till 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter ending 31 December 2019.