Hindustan Oil Exploration : Disclosure Under Regulation 23(9) Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Related Party Transactions for the Half Year ended September 30, 2022

Hindustan Oil Exploration Company Limited

'Lakshmi Chambers', 192, St. Mary's Road, Alwarpet, Chennai - 600 018. INDIA.

: 91 (044) 66229000 ● Fax: [phone]

E-mail:[e-mail] ● Website: www.hoec.com CIN: L11100GJ1996PLC029880

November 22, 2022	By Online
The Listing Department	The Corporate Relationship Department
The National Stock Exchange of India Ltd.,	BSE Limited,
"Exchange Plaza", Bandra Kurla Complex,	1st Floor, P. Jeejeebhoy Towers,
Bandra (East), Mumbai - 400 051	Dalal Street, Mumbai - 400 001
Stock Code: HINDOILEXP	Stock Code: 500186
Dear Sirs,

Sub: Disclosure of related party transactions pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the details of related party transactions drawn in accordance with applicable accounting standards for the half year ended September 30, 2022.

We request you to kindly take the same on records.

Yours Sincerely,

For Hindustan Oil Exploration Company Limited

Deepika C

S

Digitally signed by Deepika C S Date: 2022.11.22 15:46:02 +05'30'

Deepika CS

Company Secretary

Encl.: a/a

Registered Office: 'HOEC HOUSE', Tandalja Road, Off Old Padra Road, Vadodara - 390 020. INDIA.

: 91 (0265) 2330766 ● E-mail:[e-mail] ● Website: www.hoec.com

RELATED PARTY TRANSACTIONS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2022

Additional disclosure of related party transactions - applicable only in case

the related party transaction relates to loans, inter-corporate deposits,

advances or investments made or given by the listed entity/subsidiary.

These details need to be disclosed only once, during the reporting period

when such transaction was undertaken.

S.

Details of the party

Details of the counterparty

Type of

Value of

Value of

In case monies are due to

In case any financial

Details of the loans, inter-corporate deposits, advances

N

(listed entity

related party

the related

transaction

either party as a result of

indebtedness is incurred to

or investments

o

/subsidiary) entering

transaction

party

during the

the transaction

make or give loans, inter-

into the transaction

transaction

reporting

corporate deposits, advances

as

period

or investments

Name

PAN

Name

PAN

Relationship of the

approved

Opening

Closing

Nature of

Cost

Tenure

Nature

Interest

Tenure

Secured/

Purpose

counterparty with

by the

balance

balance

indebtednes

(loan/

Rate (%)

unsecured

for

the listed entity or

audit

s (loan/

advance/

which

its subsidiary

committee

issuance of

inter-

the

debt/ any

corporate

funds

other etc.)

deposit/

will be

investment

utilised

by the

ultimate

recipient

of funds

(end-

usage)

1

Hindustan Oil

Elango

Key Managerial

Short-term

-

73.49

-

-

-

-

-

-

-

-

-

-

Exploration

Pandarinathan

Personnel -

employment

Company

Managing Director

benefits

Limited

2

Hindustan Oil

Ramasamy

Key Managerial

Short-term

-

70.55

-

-

-

-

-

-

-

-

-

-

Exploration

Jeevanandam

Personnel -

employment

Company

Executive Director &

benefits

Limited

CFO

3

Hindustan Oil

Josephin Daisy

Key Managerial

Short-term

-

3.30

-

-

-

-

-

-

-

-

-

-

Exploration

Personnel -

employment

Company

Company Secretary

benefits

Limited

4

Hindustan Oil

Deepika

Key Managerial

Short-term

-

0.67

-

-

-

-

-

-

-

-

-

-

Exploration

Personnel -

employment

Company

Company Secretary

benefits

Limited

5

Hindustan Oil

Vivek Rae

Non-Executive

Other

-

1.25

-

-

-

-

-

-

-

-

-

-

Exploration

Independent

Benefits to

Company

Directors

Independent

Limited

Directors

6

Hindustan Oil

Sharmila Amin

Non-Executive

Other

-

1.75

-

-

-

-

-

-

-

-

-

-

Exploration

Independent

Benefits to

Company

Directors

Independent

Limited

Directors

7	Hindustan Oil		Pronip Kumar		Non-Executive	Other	-	2.50	-	-	-	-	-	-	-	-	-	-
	Exploration		Borthakur		Independent	Benefits to
	Company				Directors	Independent
	Limited					Directors
8	Hindage		Pronip Kumar		Non-Executive	Other	-	0.4	-	-	-	-	-	-	-	-	-	-
	Oilfield		Borthakur		Independent	Benefits to
	Services				Directors of	Independent
	Limited				subsidiary	Directors of
						subsidiary
9	Hindustan Oil		Hindage		Wholly Owned	Advances	-	1,085.42	22.45	1,107.87	-	-	-	Inter-	-	-	-	General
	Exploration		Oilfield		Subsidiary									Corporate				Business
	Company		Services											Trade				Purpose
	Limited		Limited											Advances
10	Hindustan Oil		Hindage		Wholly Owned	Interest	-	586.60	-	586.6	-	-	-	-	-	-	-	-
	Exploration		Oilfield		Subsidiary	Income
	Company		Services
	Limited		Limited
11	Hindustan Oil		Hindage		Wholly Owned	Loan	13,000	-	13,000	13,000	-	-	-	Inter-	9%	16	Unsecured	General
	Exploration		Oilfield		Subsidiary									Corporate		months		Business
	Company		Services											Loan				Purpose
	Limited		Limited
12	Hindustan Oil		Hindage		Wholly Owned	Purchase of	$ 47,500	1,455.93	-	1,455.93	-	-	-	-	-	-	-	-
	Exploration		Oilfield		Subsidiary	Services	per day
	Company		Services
	Limited		Limited
13	Hindustan Oil		Geopetrol		Wholly Owned	Loan	12,129.14	Nil	10,044.44	* 10,805.66	-	-	-	Inter-	6.61%	1 year	Unsecured	General
	Exploration		International		Subsidiary									Corporate				Business
	Company		Inc.											Loan				Purpose
	Limited
14	Hindustan Oil		Geopetrol		Wholly Owned	Interest	-	345.21	613.46	* 1018.35	-	-	-	-	-	-	-	-
	Exploration		International		Subsidiary	Income
	Company		Inc.
	Limited
15	Hindustan Oil		Geopetrol		Wholly Owned	Purchase of	$ 49,500	5,380.29	-	5,380.29	-	-	-	-	-	-	-	-
	Exploration		International		Subsidiary	Services	per day
	Company		Inc.
	Limited
16	Geopetrol		Geopetrol		Wholly Owned	Loan	-	4.07	12,135.2	* 13,058.95	-	-	-	Inter-	7%	1 year	Unsecured	General
	International		Mauritius		Subsidiary									Corporate				Business
	Inc.		Limited											Loan				Purpose
17	Geopetrol		Geopetrol		Wholly Owned	Interest	-	405.87	771.06	* 1250.87	-	-	-	-	-	-	-	-
	International		Mauritius		Subsidiary	Income
	Inc.		Limited

* The difference in opening and closing balance is on account of foreign exchange fluctuations.