Oil & Natural Gas Corporation Limited (ONGC) announced the outcomes of its Board Meeting held on November 10, 2025. Key decisions include: * Approval of Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended September 30, 2025. * Declaration of a 1st Interim dividend of ₹6 per equity share (120% of face value ₹5/- each) for FY 2025-26. The Record Date for this dividend is November 14, 2025, with payment expected within 30 days of declaration. * Appointment of Shri Shashi Bhushan Singh (ACS: 15194) as Company Secretary & Compliance Officer and Key Managerial Personnel with immediate effect. * Approval for an investment of up to ₹421.50 Crore in its wholly-owned subsidiary, ONGC Green Limited (OGL), through a Rights issue. OGL will utilize these funds to invest in ONGC NTPC Green Private Limited (ONGPL), which will further invest in Ayana Renewable Power Private Limited, a leading renewable energy platform with approximately 4.1 GW of assets. * In-principle approval for entering into two 50:50 Joint Venture Companies (JVCs) with M/s Mitsui O.S.K. Lines Ltd. (MOL) for the transportation of petroleum resources, specifically ethane transportation via Very Large Ethane Carriers (VLECs). The cumulative investment for these JVCs is approved up to USD 49.20 million (equivalent to ₹435.03 crore), to be made in tranches. * The company reported standalone revenue from operations of ₹33,030.56 crore for the quarter ended September 30, 2025, with a profit for the period of ₹9,847.97 crore and Basic Earnings Per Share (EPS) of ₹7.83 for the quarter. * Disclosures were made regarding ₹10,000 million (₹1,000 crore) unsecured Non-Convertible Debentures (NCDs) as of September 30, 2025.
