Pursuant to Regulation 42(2) & (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Indian Oil Corporation has informed that the Company has fixed Saturday, the 17th March 2018 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares in the ratio of 1:1 i.e. one new bonus equity share of Rs 10 each for every one existing equity share of Rs 10 each held subject to the approval of shareholders which is being obtained through postal ballot process.
The above information is a part of company’s filings submitted to BSE.