Indian Oil Corporation has informed that with regard to Board approval for Buyback of fully paid up Equity Shares of Rs 10 each from the existing shareholders/ beneficial owners as on Record Date i.e. 25th December 2018 on a proportionate basis through the Tender Offer route. In this connection pursuant to Securities & Exchange Board of India (Buy-Back of Securities) Regulations, 2018, the Company has today December 17, 2018 published the Public Announcement dated December 13, 2018 regarding buyback in Business Standard (English- All editions); Business Standard (Hindi - All editions), and Mumbai Lakshadeep (Marathi - Mumbai edition).
The above information is a part of company’s filings submitted to BSE.