ONGC : ACQUIRES 50% STAKE IN JV ONGC PETROCHEMICALS MARKETING FOR RS 25 CR

• ONGC Petrochemicals Marketing Ltd (OPML) incorporated on 07 October 2026 as a public limited company for integrated marketing and trading of petrochemicals, chemicals and kindred products • ONGC subscribes 2,50,00,000 equity shares of ₹10 each at face value, being 50% of equity share capital, for ₹25 Cr cash consideration • JV shareholding ratio 50:25:25 among ONGC, MRPL and OPaL; OPML authorised and subscribed share capital ₹50 Cr • Being newly incorporated, OPML has no operating turnover history for the preceding three financial years • DIPAM, Ministry of Finance approval obtained; Certificate of Incorporation issued by Registrar of Companies

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