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( 17 Dec 2018)
Indian Oil Corp - Submission Of Public Announcement For Buyback Of Equity Shares Of Indian Oil Corporation Limited ('Company'

Dear Sir/Madam,

This is further to our intimation dated December 13, 2018 with regard to Board approval for Buyback of fully paid up Equity Shares of Rs.10/- each from the existing shareholders/ beneficial owners as on Record Date i.e. 25th December 2018 on a proportionate basis through the Tender Offer route.

In this connection kindly note that pursuant to Securities & Exchange Board of India (Buy-Back of Securities) Regulations, 2018, the Company has today i.e. December 17, 2018 published the Public Announcement dated December 13, 2018 regarding buyback in the following newspapers:

1) Business Standard (English- All editions)
2) Business Standard (Hindi - All editions)
3) Mumbai Lakshadeep (Marathi - Mumbai edition)

The copy of the said Public Announcement is enclosed for your reference and dissemination to the Stock Exchanges.