Secretarial Department 'Cfttte:l : 1fcA'' 049. Indian Oil Corporation Limited CIN-L23201 MH1959GOI011388 Regd. Office: 'lndlanOil Bhavan', G- 9, Ali Yavar Jung Marg l Bandra (East), Mumbai- 400 051. Tel.: 022-26447616 • Fax: 022-26447961 Email id: investors@indla noil.in. Website: www.iocl.com lndianOil A Maharatna Company February 15, 2019 The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza, C-1,Biock G, Bandra Kurla Complex Bandra, East, Mumbai, Maharashtra- 400051 Ref.: Symbol: IOC; ISIN: INE242A01010 Dear Sir I Madam, The Manager Department of Corporate Services BSE Limited 25th Floor, Phiroze Jeejeebhoy Towers Dalal Street Mumbai, Maharashtra- 400 001 SUB: EXTINGUISHMENT OF 29,76,51,006 FULLY PAID UP EQUITY SHARES OF Rs. 10/- EACH OF INDIAN OIL CORPORATION LIMITED ("COMPANY") AND RECONCILIATION OF THE SHARE CAPITAL OF THE COMPANY Pursuant to the Public Announcement dated December 13, 2018 and published on December 17, 2018 ("the Public Announcement") and the letter of offer dated January 11, 2019 ("the Letter of Offer''), the tendering period for the Buyback offer opened on Tuesday, January 22, 2019 and closed on Monday, February 4, 2019. In accordance with the provisions of Regulation 11 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (the "Buyback Regulations"), this is to inform that the Company has extinguished 29,76,51,006 fully paid up Equity Shares of Rs. 10/- each. A copy of the letter dated February 14, 2019 of National Securities Depository Limited confirming extinguishment of shares is enclosed at Annexure A and a copy of the certificate dated February 14, 2019 issued by Karvy Fintech Pvt. ltd . ("Registrar to the Buyback Offer"), S. K. Mehta & Co ., Chartered Accountants, ("Statutory Auditor of the Company") and the Company is enclosed at Annexure B. In accordance with the provisions of Regulation 24(iv) of the Buyback Regu lations, th e f oll owing are the details of the Equity Shares bought back by the Company and extinguished: Reconciliation of the Share Capital of the Company (Pre and Post Extinguishment): SL PARTICULARS NO. OF EQUITY SHARES EQUITY SHARE CAPITAL NO. OF Rs. 10/- EACH (Rs.) 1 ISSUED CAPITAL (BEFORE EXTINGUISHMENT 971,18,09,928 9711,80,99,280 OF EQUITY SHARES) (A) 2 EQUITY SHARES IN PHYSICAL FORM 1,954 19,540 EXTINGUSIHED AND DESTROYED (B) 3 EQUITY SHARES IN DEMAT / ELECTRONIC 29,76,49,052 297,64,90,520 FORM EXTINGUSIHED (C) 4 ISSUED CAPITAL (POST EXTINGUISHMENT OF 941,41,58,922 9414,15,89,220 EQUITY SHARES) (A-B-C) - l(i}''rN -4 -< :-.Y 1v-v 11 -
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The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza, C-1,Biock G, Bandra Kurla Complex Bandra, East, Mumbai, Maharashtra- 400051
Ref.: Symbol: IOC; ISIN: INE242A01010
Dear Sir I Madam,
The Manager Department of Corporate Services BSE Limited 25th Floor, Phiroze Jeejeebhoy Towers Dalal Street Mumbai, Maharashtra- 400 001
SUB: EXTINGUISHMENT OF 29,76,51,006 FULLY PAID UP EQUITY SHARES OF Rs. 10/- EACH OF INDIAN OIL CORPORATION LIMITED ("COMPANY") AND RECONCILIATION OF THE SHARE CAPITAL OF THE COMPANY
Pursuant to the Public Announcement dated December 13, 2018 and published on December 17, 2018 ("the Public Announcement") and the letter of offer dated January 11, 2019 ("the Letter of Offer''), the tendering period for the Buyback offer opened on Tuesday, January 22, 2019 and closed on Monday, February 4, 2019.
In accordance with the provisions of Regulation 11 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (the "Buyback Regulations"), this is to inform that the Company has extinguished 29,76,51,006 fully paid up Equity Shares of Rs. 10/- each. A copy of the letter dated February 14, 2019 of National Securities Depository Limited confirming extinguishment of shares is enclosed at Annexure A and a copy of the certificate dated February 14, 2019 issued by Karvy Fintech Pvt. ltd. ("Registrar to the Buyback Offer"), S. K. Mehta & Co., Chartered Accountants, ("Statutory Auditor of the Company" ) and the Company is enclosed at Annexure B.
In accordance with the provisions of Regulation 24(iv) of the Buyback Regu lations, the foll owing are the details of the Equity Shares bought back by the Company and extinguished:
Reconciliation of the Share Capital of the Company (Pre and Post Extinguishment): SL PARTICULARS NO. OF EQUITY SHARES EQUITY SHARE CAPITAL NO. OF Rs. 10/- EACH (Rs.)
1 ISSUED CAPITAL (BEFORE EXTINGUISHMENT 971,18,09,928 9711,80,99,280 OF EQUITY SHARES) (A)
2 EQUITY SHARES IN PHYSICAL FORM 1,954 19,540 EXTINGUSIHED AND DESTROYED (B)
3 EQUITY SHARES IN DEMAT / ELECTRONIC 29,76,49,052 297,64,90,520 FORM EXTINGUSIHED (C)
4 ISSUED CAPITAL (POST EXTINGUISHMENT OF 941,41,58,922 9414,15,89,220 EQUITY SHARES) (A-B-C) -
l(i}''rN Ot(~
~0 I*~ ~I ~ -4 -< :-.Y 1v-v11 ~o -
Notes: 1. Paid-up Equity Share Capital of the Company prior to the extinguishment was Rs. 9711,80,99,280
(971,18,09,928 Equity Shares of Rs. 10/- each). 2. 2,622 Equity Shares in physical form were tendered, out of which 1,954 Equity Shares were
accepted in the Buyback Offer. 3. The Buyback Committee on February 13, 2019 has approved the extinguishment of 29,76,51,006
Equity Shares of Rs. 10/- each.
Further, we would like to inform that the above extinguishment has been done as per the provisions of Buyback Regulations.
The number of Equity Shares bought back and the post-Buyback shareholding pattern were disclosed in the Post Buyback Public Announcement published and submitted for your records on February 14, 2019 which has been reproduced in Annexure C for ease. of reference.
The terms used but not defined in this letter shall have the same meaning as assigned in the Public Announcement and the.Letter of Offer.
Thanking you,
For Indian Oil Corporation Umited
~s-1o, JI'7 (Kamal Kumar Gwalanl) :) \ \ Company Secretary
End :As above
-Anne.xuve. -0
National Securities Depository Limited
Ref: II/CA/COM/08041/2019
Mr. Kamal Kumar Gwalani
Company Secretary and Compliance Officer Indian Oil Corporation Limited
Indian Oil Bhavan
G-9,Ali Yavar Jung Marg
BandraEast
Mumbai - 400051
Dear Sir,
Sub : Buy-back (tender offer)
NSDL Tec:Motogy, Trust & Rtac:ll
February 14,2019
As per the corporate action(s) executed by your R&T Agent/Registry Division viz; Karvy Computershare Pvt. Limited , Equity Shares were credited/debited to the account(s) in the NSDL system, details of which are given below :
/SIN /SIN Description D/C Records
INE242AO IOIO INDIAN OIL CORPORATION LIMITED EQ Debit I
You may contact your R&T Agent/ Registry Division for further details in this regard.
Yours faithfully,
Rakesh Mehta Asst. Vice President
Olgltaly Slgnod By Nome: RAKESH MAHASUKHLAI. MEKT A Dote:1o4102/2019 13:21l:16 Ret~son: Authentication location: NSOL. Mumt.i
Quantity Execution Date
297,649,052.000 14/Feb/2019
~Floor, 'A' Yfttg. Trade Wor1d, K.mlla ... Colq)ound, SeniPIIIBIINil Mq, lowlr Pnl, llllnbll - 400 013, lnlla Tel: 91•22·2498 4200 I Fa: 91-22-~497 8351 t aN-u7412(Mt2012PI C230380 I Emd: ~In I Web: www.niCI.co..ln
CERTIFICATE OF EXTINGUISHMENT OF EQUITY SHARES BOUGHT BY INDIAN OIL CORPORATION
UMITED ("THE COMPANY")
Pursuant to the Public Announcement dated December 13, 2018 and published on December 17,
2018 ("the Public Announcement" ) and the Letter of Offer dated January 11, 2019 ("the Letter of
Offer"), the tendering period for the Buyback offer opened on Tuesday, January 22, 2019 and closed
on Monday, February 4, 2019. The following are the details of the equity shares bought back by the
Company during the tendering period and extinguished I destroyed:.
A. EQUITY SHARES IN DEMATERIALISED FORM
Name of the Depository Company's Account Date of Number of Equity Shares
Participant and DP 10 No. Number Extinguishment Extinguished