Oil India has informed that the Company has fixed January 13, 2017 as the Record Date for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus shares in the ratio of 1:3 (i.e. 1 bonus equity shares of Rs 10 each for every 3 existing fully paid up equity share of Rs 10 each, subject to the approval of shareholders.
The above information is a part of company’s filings submitted to BSE.