Key Developments: Oil India Ltd (OILI.NS)

OILI.NS on National Stock Exchange of India

615.40INR
28 Aug 2014
Price Change (% chg)

Rs9.40 (+1.55%)
Prev Close
Rs606.00
Open
Rs611.00
Day's High
Rs617.20
Day's Low
Rs606.05
Volume
776,488
Avg. Vol
480,913
52-wk High
Rs633.80
52-wk Low
Rs416.00

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Latest Key Developments (Source: Significant Developments)

Oil India Ltd Completes acquisition of 50 pct in WorldAce Investments Ltd
Friday, 4 Jul 2014 02:48am EDT 

Oil India Ltd:Completed acquisition of 50 pct in WorldAce Investments Ltd subsidiary of PetroNeft Resources Ltd.  Full Article

Oil India Ltd signs MoU with Gazprom-Business Standard
Thursday, 19 Jun 2014 09:48am EDT 

Oil India Ltd:Signed an agreement with Russia's Gazprom for joint pursuit of exploration opportunities across the globe-Business Standard.OIL and Gazprom plan to jointly participate in upstream oil and gas exploration and production opportunities in different parts of the world as well as collaborate on LNG.  Full Article

Oil India Ltd recommends final dividend
Tuesday, 27 May 2014 09:35am EDT 

Oil India Ltd:Recommends final dividend at 0.50 Indian rupees per share (i.e. 5 pct) to shareholders of the company for the financial year 2013-14.  Full Article

Videocon Industries Ltd's VMEL sells VMRL to ONGC Videsh Ltd and OIL India Ltd
Thursday, 15 May 2014 08:21am EDT 

Videocon Industries Ltd:Says confirming that the Videocon Mauritius Energy Ltd (VMEL) has transferred entire share capital of Videocon Mozambique Rovuma 1 Ltd (VMRL) to ONGC Videsh Ltd and OIL India Ltd (buyers).It has realized the sale consideration in terms of the Share Sale and Purchase Agreement (SSPA) entered on June 25, 2013 for a base consideration of $2.475 billion.VMRL ceased to be subsidiary of the company.  Full Article

Oil India Ltd buys 50 pct stake in Russian oil block for $85 million - Business Standard
Wednesday, 7 May 2014 07:34am EDT 

Oil India Ltd:Has bought a 50 pct stake in an oil block in Russia for $85 million - Business Standard.The deal includes a three-stage payout including $35 million in cash up-front, $45 million in exploration and development spending and a performance bonus of up to $5 million.  Full Article

Oil India Ltd sings agreement with Petroneft Resources Plc
Thursday, 17 Apr 2014 12:51am EDT 

Oil India Ltd:Agreement in respect of 50 pct non-operating interest in License 61, Tomsk Oblast, Russian Federation with total investment of up to $85 mln.  Full Article

Oil India announces issuance of notes
Tuesday, 8 Apr 2014 11:58pm EDT 

Oil India Ltd:Priced and issues $500 mln fixed rate unsecured notes due 2019 and $500 mln fixed rate unsecured notes due 2024.2019 notes carry a coupon of 3.875pct per annum payable semi-annually and are of 5 years tenor.2024 notes carry a coupon of 5.375pct per annum payable semi-annually and are of 10 years tenor.Notes to be listed on Singapore Stock Exchange Securities Trading Limited.Notes will not be offered or sold in India and United States of America.  Full Article

Oil India Ltd declares second interim dividend
Friday, 21 Mar 2014 07:38am EDT 

Oil India Ltd:Declares second interim dividend of 10 Indian rupees per share for the year 2013-14.Payable on and from March 28.Payment will be completed on and before April 19.  Full Article

Oil India Ltd fixes record date for second interim dividend
Thursday, 13 Mar 2014 10:35pm EDT 

Oil India Ltd:Says that March 27, has been fixed as record date for purpose of payment of second interim dividend 2013-14.  Full Article

Oil India Ltd declares interim dividend
Tuesday, 28 Jan 2014 02:27am EST 

Oil India Ltd:Declares interim dividend of 11 Indian Rupee per share for the year 2013-14.Says dividend is payable on and from Feb. 05, payment will be completed on or before Feb. 25.  Full Article

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