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Indian Oil Corpn.: (I) Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30Th September 2020
(Ii) Delegation Of Authority For Borrowings.


It is hereby notified that the Board of Directors at its meeting held today have approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September 2020.

Please find enclosed the Statements of Unaudited Financial Results (Standalone and Consolidated) with Limited Review Report for the quarter and half year ended 30th September 2020.

It is further notified that the Board of Directors have also approved the proposal for delegation of authority for borrowings including borrowings upto Rs. 20 000 crore during a financial year through private placement of bonds/ debentures in one or more tranches from time to time within the overall limit of Rs. 1 65 000 crore approved by shareholders at the last Annual General Meeting.

The Board meeting commenced at 10.00 AM and concluded at 1.30 PM.

The above is for your information and record please.

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