July 28, 2017 3:41 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Indian Oil Corporation Limited

Company Overview

Indian Oil Corporation Limited, together with its subsidiaries, engages in refining, transporting, and marketing of petroleum products in India. It is also involved in the exploration and production of crude oil and gas; and marketing of natural gas and petrochemicals. The company’s products include petrol/gasoline, diesel/gas oil, lubricants and greases, auto gas, cooking gas, kerosene, LPG, bulk/industrial fuels, aviation turbine fuel/jet fuel, marine fuels and lubricants, and bitumen. In addition, it offers special products, such as benzene, carbon black feed stock, food grade hexane, jute batching oil, micro crystalline wax, mineral turpentine oil, paraffin wax, propylene, raw petroleum ...

3079/3, J B Tito Marg

Sadiq Nagar

New Delhi,  110049


Founded in 1959


91 11 2626 0000

Key Executives for Indian Oil Corporation Limited

Chairman & Managing Director
Age: 57
Total Annual Compensation: 34.0K
Director of Finance and Whole-Time Director
Age: 59
Total Annual Compensation: 42.0K
Executive Director of Law, Compliance Officer & Company Secretary
Total Annual Compensation: 3.6M
Director of Human Resource and Whole-Time Director
Age: 60
Total Annual Compensation: 38.0K
Director of Pipelines and Whole-Time Director
Age: 59
Total Annual Compensation: 38.0K
Compensation as of Fiscal Year 2016.

Indian Oil Corporation Limited Key Developments

IOC To Buy Government's Stake In Oil India

The Government of India is planning to sell its entire stake in Oil India Limited (NSEI:OIL) to Indian Oil Corporation Limited (BSE:530965). Once approved, the proposal may entail Indian Oil Corporation spending about INR 14,500 crore to buyout the entire 66.13% stake that government owns in OIL at current share prices.

IndianOil Appoints Rahul Bhardwaj as Executive Director, Telangana and Andhra Pradesh State Office

IndianOil announced that Rahul Bhardwaj has taken charge as Executive Director, Telangana and Andhra Pradesh State Office for the company. He has served as the CEO, Indian Oil (Mauritius) Ltd. As head of Telangana and Andhra Pradesh State Office, IndianOil, Rahul Bhardwaj would be in charge of operations, logistics, supply and distribution of petroleum products in both Telangana and AP.

Indian Oil Corporation Limited Announces Resignation of Shri Subroto Bagchi as Independent Director

Indian Oil Corporation Limited announced that Shri Subroto Bagchi, independent director has ceased to be a director on the board of the company with effect from 30th June 2017 consequent upon his resignation due to pre-occupation owing to other responsibilities.

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