Oil & Natural Gas Corpn has been issued shares on rights basis:- 1. 70,30,676 equity shares of Rs 100/- each issued by Bharat Ethane One IFSC; and 2. 70,30,676 equity shares of Rs 100/- each issued by Bharat Ethane Two IFSC.Upon allotment of above shares, Company`s shareholding will remain at 50% in both the joint venture entities.Powered by Capital Market - Live News

ONGC announced that the Board of Directors of the Company at its meeting held on 12 February 2026, inter alia, have recommended the Second Interim dividend of Rs 6.25 per equity Share (i.e. 125%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Oil & Natural Gas Corpn rose 16.67% to Rs 10015.78 crore in the quarter ended December 2025 as against Rs 8584.60 crore during the previous quarter ended December 2024. Sales rose 0.13% to Rs 167422.93 crore in the quarter ended December 2025 as against Rs 167212.55 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales167422.93167212.55 0 OPM %15.1314.56 - PBDT25533.2323019.42 11 PBT16144.9613480.13 20 NP10015.788584.60 17 Powered by Capital Market - Live News

ONGC will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live News

Oil & Natural Gas Corpn (ONGC) and Reliance Industries (Reliance) signed a path-breaking agreement on 27 January 2026 to enable resource sharing for deepwater offshore E&P operations on India`s East Coast, particularly across the Krishna Godavari (KG) basin and Andaman offshore, marking a major step towards cost optimization, faster execution, and improved asset utilization in complex deepwater projects. This agreement is aligned with a forward-looking initiative facilitated by the Oilfields (Regulation and Development) Amendment Act, 2025 (ORDA Act 2025), introduced by the Ministry of Petroleum and Natural Gas (MoPNG), which creates a clear enabling framework for E&P operators to share infrastructure and facilities, both onland and offshore, for more efficient development of oilfields and production of hydrocarbons.Under MoPNG`s enabling initiative, ONGC and Reliance will pursue sharing of key resources required for offshore operations, which may include (but is not limited to): onshore and offshore processing facilities, drilling rigs, marine vessels (MSV, Tugs, PSV), Power, Pipelines, logging and well services etc.Powered by Capital Market - Live News