Oil India Limited's Board of Directors met on December 20, 2025, to discuss the non-compliance with SEBI (LODR) Regulations for the quarter ended September 30, 2025. The Board noted the fine imposed by the stock exchanges and the subsequent action taken to apprise the Ministry of Petroleum and Natural Gas. The Board advised requesting a waiver of the fines from the stock exchanges, citing that the non-compliance was beyond the company's control. The company had previously received a notice from the National Stock Exchange (NSE) on November 28, 2025, highlighting non-compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations. The specific non-compliance pertains to Regulation 17(1) for the quarter ended September 30, 2025, resulting in a fine of ₹4,60,000, with an additional GST of ₹82,800, totaling ₹5,42,800. The NSE indicated that trading could be moved to the 'Trade for Trade' basis and promoter shareholding could be frozen if compliance was not achieved and fines were not paid within 15 days. Oil India Limited has requested a waiver for these fines, stating the reasons for non-compliance were beyond their control. The company is seeking leniency from the stock exchanges for the financial penalty levied for the quarter ending September 30, 2025.