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ONGC Discloses 12.50% Promoter Stake in Petronet LNG Under SEBI Takeover Regulations

2 min read
05 June 2026 at 4:11 pm
2 min read

Petronet LNG Limited's promoter Oil and Natural Gas Corporation Limited (ONGC) has submitted a disclosure under the SEBI Takeover Regulations, detailing its shareholding in the liquefied natural gas importer as of the end of the financial year 2025-26.

As on March 31, 2026, ONGC held 18,75,00,000 equity shares in Petronet LNG. This holding represents 12.50 per cent of Petronet LNG's total paid-up share capital and is held by ONGC in its capacity as a promoter of the LNG importer.

The disclosure, submitted under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011, confirmed that no encumbrance, direct or indirect, existed on these promoter-held shares during the financial year ended March 31, 2026.

The filing was originally signed by ONGC Company Secretary and Compliance Officer Shashi Bhushan Singh on April 7, 2026, and was submitted to the exchange by Petronet LNG on June 5, 2026. It was filed with both the National Stock Exchange and the BSE.

A copy of the disclosure was also provided to Petronet LNG for placement before its audit committee. ONGC is one of the promoter entities of Petronet LNG, which operates LNG import terminals at Dahej in Gujarat and Kochi in Kerala. Petronet LNG's Dahej terminal has a nameplate capacity of 17.5 million tonnes per annum.

The annual disclosure under Regulation 31(4) requires promoters to report their shareholding and encumbrance position as of the end of each financial year to the stock exchanges.

Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.

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