Indian Oil Corporation Limited - Buyback

All Market Participants are hereby informed that Indian Oil Corporation Limited (“The Company”) has announced Cash Offer for Buyback of not exceeding 29,76,51,006 (Twenty Nine Crore Seventy Six Lakh Fifty One Thousand And Six) fully paid-up equity shares of face value Rs. 10/- each, representing 3.06% of the total number of equity shares in the issued, subscribed and paid-up equity share capital of the Company, from all the existing shareholders/ beneficial owners of equity shares of the Company as on the Record Date i.e. Tuesday, December 25, 2018 on a proportionate basis. The following is through the “Tender Offer” processed at a price of Rs. 149/- (Rupees One Hundred And Forty Nine Only) per equity share, for an aggregate consideration not exceeding Rs. 4,435/- crore (Rupees Four Thousand Four Hundred Thirty Five Crore Only) from January 22, 2019 to February 04, 2019. 

Daily cut-off time: 4:00 pm 
Last day cut-off time: 11:30 am