Oil India shareholders approve all resolutions at 66th AGM

Oil India Limited announced that all 13 resolutions presented at its 66th Annual General Meeting (AGM) on September 18, 2025, were approved by the requisite majority. The resolutions, which included ordinary and special business items, were passed through a combination of remote e-voting and e-voting during the virtual AGM held via video conferencing and other audio-visual means.

Key approvals included the adoption of the audited financial statements for the fiscal year ended March 31, 2025, and the declaration of a final dividend of INR 1.50 per share (15% of the paid-up capital) for the same period. Resolutions concerning director appointments were also passed, with Saloma Yomdo, Abhijit Majumder, Trailukya Borgohain, and Dr. Ankur Baruah appointed to various directorial positions. Additionally, the remuneration of the cost auditor for the fiscal year 2025-26 was ratified.

Special resolutions passed included the appointment of Balram Nandwani, Raju Revanakar, Pooja Suri, and Moti Lal Meena as independent directors. M/s VAP & Associates, Company Secretaries, was also appointed as secretarial auditor of the company. The voting results showed strong shareholder support, with votes in favor for most ordinary resolutions exceeding 99% of total valid votes cast.