ONGC Limited Buy-Back Details

Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 70 per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL, and HPCL to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas-LPG. This largest natural gas company ranks 11th among global energy majors (Platts). It is the only public sector Indian company to feature in Fortune’s ‘Most Admired Energy Companies’ list.

ONGC ranks 18th in ‘Oil and Gas operations’ and 183rd overall in Forbes Global 2000. Acclaimed for its Corporate Governance practices, Transparency International has ranked ONGC 26th among the biggest publicly traded global giants. It is most valued and largest E&P Company in the world, and one of the highest profit-making and dividend-paying enterprise.

ONGC Limited Buy-Back Details
Date of Board Meeting for Buyback Proposal	20-12-2018
Date of Buyback Approval	20-12-2018
Date Public Announcement of Buyback	20-12-2018
Buyback Type	Tender Offer
Buyback Record Date	04-01-2019
Buyback Opening Date	29-01-2019
Buyback Closing Date	11-02-2019
Buyback Amount	₹ 4402 Cr
Buyback Number of Share	25,29,55,974
Buyback Price	₹ 159 Per Share
Face Value	₹ 10
Holding Time	3 Months
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Profit acceptance Ratio Buy 1257 Shares at CMP ₹ 147 [2,00,000/159 = 1257]
Acceptance Ratio	33%	50%	75%	100%
Buy Price	₹ 147	₹ 147	₹ 147	₹ 147
Amount Invested in Buyback	₹ 1,84,779	₹ 1,84,779	₹ 1,84,779	₹ 1,84,779
No. of Shares Buy	1257	1257	1257	1257
Earning Per Share	₹ 12	₹ 12	₹ 12	₹ 12
No. of Shares Buy-Back	415	629	943	1257
BuyBack Profit	₹ 4977	₹ 7542	₹ 11313	₹ 15084
Profit(%)	- %	- %	- %	- %

ONGC Limited Contact Details
ONGC Limited Registered Office: 5,Nelson Mandela Marg, Vasant Kunj, New Delhi-110070  Corporate Identity Number: L74899DL1993GOI054155  Email ID :- vijan_ar@ongc.co.in Website :- https://www.ongcindia.com

Registrar of ONGC Limited
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