Oil and Natural Gas : Insider Trading - Others

ITITd ti1cOrZ 511 ?-141 74 NIgRI

t 1-1,11(141

Vii

11-49, r4-Al - 110 001

ZEPlYWIT fi

ci)) - 110115

two 4 .1(4

GOVERNMENT OF INDIA

MINISTRY OF PETROLEUM & NATURAL GAS

SHASTRI BHAWAN

NEW DELHI-110 001

CUSTOMER PIN CODE - 110115

Date: April 11, 2022

To,
The General Manager	Manager - Listing Department
BSE Limited	National Stock Exchange of India Limited
PhirozeJeejeebhoy Towers	Exchange Plaza, Plot No. C/1, G Block
Dalai Street	Bandra Kurla Complex, Bandra (East)
Mumbai - 400 001	Mumbai - 400 051
India	India
Script Code:526371	Script Code: NMDC
ISIN: INE584A01023	ISIN: INE584A01023
Dear Sir/ Madam,

Sub: Continual disclosure - filing of report under Regulation 7(2)(b) of the Securities Exchange and Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended ("SEBI Insider Trading Regulations")

This is with reference to the notice dated March 29, 2022 ("Notice") filed by the President of India, acting through and represented by the Ministry of Petroleum and Natural Gas, Government of India ("Seller") with the Stock Exchanges, pursuant to which,the Seller proposed to sell up to 94,352,094 equity shares of the Company having face value of 5 each ("Equity Shares"), (representing 0.75% of the total issued and paid-up equity share capital of the Company) (the - Base Offer Size") of Oil and Natural Gas Corporation Limited (the "Company") on March 30, 2022 ("T Day") (for non-retail investors only) and on March 31, 2022 ("T+1 Day") (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), with an option to additionally sell up to 94,352,094 Equity Shares (representing 0.75% of the total issued and paid-up equity share capital of the Company) (the "Oversubscription Option- ),through a separate, designated window of the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE", and together with the BSE, the "Stock Exchanges"), collectively representing 1.50% of the total paid up equity share capital of the Company (held in dematerialized form in one or more demat accounts with the relevant depository participant) (such offer hereinafter referred to as the "Offer"). In the event that the Oversubscription Option is exercised. the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will collectively, hereinafter be referred to as "Offer Shares" while in the event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will be referred to as "Offer Shares".

provided in the OFS Guidelines, subject to approval from the competent authority (the - Employee ,k-V.,,;ka, L.-croe2°, ". .). The eligible employees may apply for Equity Shares amounting up to Z500,000.

.; QO_ ,,,

_pa Vikko

SuViimber of Equity Shares as would be equivalent to up to 0.075% of the Offer Shares may be offered to lagkible employees of the Company subsequent to completion of the Offer, in accordance with the terms and ``

TA-G:- .0 ((is)o- cc' okr,

In compliance with Regulation 7(2)(b) of the SEBI Insider Trading Regulations, please see attached the information received from the Seller under Regulation 7(2)(a) of the SEBI Insider Trading Regulations, in the format prescribed in Form C of the circular bearing number SEBI/HO/ISD/ISD/CIRJP/2021/19 dated February 9, 2021, issued by the Securities and Exchange Board of India. The above is being sent within two trading days of receipt of the disclosure or from becoming aware of such information

The above is for your information and records.

Thanking You,

Yours faithfully,

For and on behalf of the President of India

Ministry of Petroleum and Natural Gas, Government of India

Name and Signature:

Designation: Director

fender Kumar Kureel 11t4-1*

1 Rirclei Yates '1,111V6 f DirectoriCar611Gas

liTi

Date: April 11, 2022

tOillg c'ii

* Petroteurn

SO

B, Isiatural

Ministry

otr--ra75

I Ge

Ill-7".

,

-

Place: New Delhi

FORNI (

Securities and Exchange Board of India (Prohibition of insider Trading) Regulations, 2015 jRegulation 7(2) read with Regulation 6(2)1

Details of change in holding of securities of Promote'

Name of the company: Oil and Natural Gas Corporation Limited

ISIN of the company: INE213A01029

Name, PAN, CIN/DIN ,& address with contact nos.

Securities acquired/Disposed

Category of Person (Promoter/ member of the promoter group/ designated person/ Directors/ Immediate relatives/ others etc.)

Securities held prior to acquisition/disposalSecurities held post acquisition/disposal

Date of allotment advice/ acquisitio n of shares/ disposal of shares, specify

Date of intim ation to comp any

Mode of acquisiti on/ disposal( on market/ public/ rights/ preferen tial offer / off market/ Inter-se transfer, ESOPs etc.)

Excha nge on which the trade was execut edTrading in derivatives (Specify type of contract, Futures or Options etc)

Excha ngc on which the trade was execut edType of Secu rity

No. and % of shareholdin g

Type of Secur ities

No.

Valu e

Transa ction type (Porch ase/ Sale/ Pledge/ Revoca Lion/ Invoca Lion/ Others

Type of secur ities

No. and % of shareholdin g

Fro

To

Type of Cont ract

Contrac t Specific ations

Buy

Sell

M

-

it c2,4",,, 0.4. 1 -4)1"v _gv-'7.1r; o COIRFOrom, 00 tfidi a acting through and represent

,,mac k'06 u:tie:

please specify )

No. of Unit s Valu e

Noti onal Valu e I

Noti onal Valu e No. of Unit s Valu ePromoter

-

(quit y Shar es

7,599,608,45 8 Equity Shares and 60.41% of the paid-up equity share capital of the Company

Equit y Share s

94,352,09 4 Equity Shares (0.75% of the paid-up Equity Shares)<'

1500 1.98 milli on(2)

Z

Offer for Sale of Equity Shares by the Promot er

Equit y Share s

Shares and 59.66% of the paid-up equity share capital of the Company

7.50.52.56.3 64Equity

30. 202 2

• rch rch

• Ma Ma

  • 30. 2022 202 2

  March 31,

  On market through an Oiler For Sale of Equity Shares by theBSE & NSE (Trade was execut ed on both

  BSE & NSE (Trade was execut ed on both

ed by the Ministry of Petroleu m and Natural Gas Governm ent of India ("Promot er")through the stock exchan ge mechan ismPromoter through the stock exchange mechanis m

the excha nges)

the excha nges)

PAN: N. A.

Address: Shastri Bhawan, New Delhi - 110011

Name: The President of India acting through and represent ed by the Ministry of Petroleu m and Natural Ga.sGove rnment of India

Promoter

Equit y Shar es

Shares and 59.66%of the paid-up equity share capital of the Company

7,50,52,56,3 64Equity

Share s

Y

Equit

Shares (0.75% of the paid-up equity share capital of the Company)1

94,352.09 4Equity

3)

t 1500 1.98 milli on (4)

Cr through the stock exchan ge mechan ism

Offer for Sale of Equity Shares by the Promot

Equit y Share s

7,41,09,04,2 70 Equity Shares and 58.91% of the paid-up equity share capital of the Company

Ma rch 31. 202 2

• 31, 2022 202 2

Ma rch

March 31,On market, through Offer For Sale of Equity Shares by the Promoter through the stock exchange mechanis m

BSE & NSE (Trade was execut ed on both the excha nge

-

-

--

BSE & NSE (Trade was execut ed on both the excha nge

A40141f4 kki DC"Ca( 1,_ .1,:.,

'1

n-

PAN: N.

Address: Shastri Bhawan, New Delhi - 11001 1

• 1. The Offer for Sale was announced on March 29, 2022 by the Promoter for sale of up to 94,352,094 Equity Shares, representing 0.75% of the total paid up equity share capital of the Company, with an option to additionally sell up to 94,352,094 Equity Shares representing 0.75% of the total issued and paid-up equity share capital of the Company. The Promoter had exercised the Oversubscription Option, by way of its intimation dated March 30, 2022 filed with the Stock Exchanges, to the extent of sale of 94,352,094 Equity Shares. This disclosure pertains to the Equity Shares sold on the basis of the valid bids received from non-retail Investors on T day (i.e., March 30, 2022).

• 2. The sale of such Equity Shares was carried out through the OFS Mechanism on BSE and NSE on price priority basis at multiple clearing prices. The floor price was INR 159.00 per Equity Shares. On T day (i.e. March 30, 2022), the Seller (i.e. the President of India, acting through and represented by the Ministry of Petroleum and Natural Gas) raised an aggregate amount of 1,5001.98 million (Gross of stock exchange transaction charges and all applicable taxes and charges).

• 3. The Offer for Sale was announced on March 29, 2022 by the Promoter for sale of up to 94,352,094 Equity Shares representing 0.75% of the total paid up equity share capital of the Company with an option to additionally sell up to 94,352,094 Equity Shares representing 0.75% of the total issued and paid-up equity share capital of the Company. The Promoter had exercised the Oversubscription Option, by way of its intimation dated March 30, 2022 filed with the Stock Exchanges, to the extent of sale of 94,352,094 Equity Shares. This disclosure pertains to the Equity Shares sold on T+1 day (i.e., March 31, 2022) on the basis of the valid bids received from the retail investors.

• 4. The sale of such Equity Shares was carried out through the OFS Mechanism on BSE and NSE on price priority basis at multiple clearing prices. The floor price was 1NR 159.00 per equity share. On T+1 day (i.e. March 31, 2022), the Seller (i.e. the President of India, acting through and represented by the Ministry of Petroleum and Natural Gas) raised an aggregate amount of 1,5001.98 million (Gross of stock exchange transaction charges and all applicable taxes and charges).

Total Transaction Value (on T and T+1 days): Z 30,003.

million

Name and Signature: Rajender Kumar Kureel Designation:

Di r e c t o r

c IWilder Kumar

Kureel

Date: April 11, 2022

I Director

r4 Stieff

Place: New Delhi

Ministry of Petroleum & Natural Gas

•A-R-6

Ti

/ Govt. of India I New Dehi