With reference to the earlier letter dated August 10, 2016 notifying that a Board Meeting of the Company is scheduled on August 29, 2016, to consider and approve the Unaudited Financial Results of the Company for the first quarter ended June 30, 2016. Pursuant to regulation 29(1) & 29(2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, Indian Oil Corporation has now informed that Board of Directors of the Company is likely to consider issue of Bonus Shares in the said Board Meeting.
The above information is a part of company’s filings submitted to BSE.