Indian Oil Corporation Limited (IOC.BO)

176.55 -0.30 (-0.17%) At close: 03:59PM IST

Indian Oil Corporation Limited

3079/3, J.B. Tito Marg
Sadiq Nagar
New Delhi 110049
India
91 11 2626 0101
https://www.iocl.com

Sector(s): Energy
Industry: Oil & Gas Refining & Marketing
Full-time employees: 30,321

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anuj Jain	Director of Finance	2.79M	N/A	1972
Mr. Kamal Kumar Gwalani	Compliance Officer & Company Secretary	7.5M	N/A	N/A
Mr. Satish Kumar Vaduguri	Director of Marketing & Whole-Time Director	9.05M	N/A	N/A
Ms. Rashmi Govil	Director & Director Human Resources	440.82k	N/A	1971
Mr. Ranjan Kumar Mohapatra	Executive Director & Head of IndianOil Institute of Petroleum Management	1.42M	N/A	1965
Mr. Sujoy Choudhury	Director of Planning & Business Development and Whole-Time Director	9.11M	N/A	1965
Mr. Nachimuthu Senthil Kumar	Director of Pipelines & Director	6.07M	N/A	1966
Mr. Alok Sharma	Director of Research & Development and Director	2.61M	N/A	1966
Mr. Anant Kumar Singh	Chief Vigilance Officer	N/A	N/A	1968
Mr. Chandrasekaran Shankar Tennankore	Executive Director of Finance, Pipelines & Chief Risk Officer	N/A	N/A	N/A

Amounts are as of 31 December 2024, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Indian Oil Corporation Limited, together with its subsidiaries, refines, pipeline transports, and markets petroleum products in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, and Other segments. The company's refinery products include liquefied petroleum gas (LPG), high-speed diesel, motor spirits, kerosene, aviation turbine fuel, light diesel oil, sulphur, raw petroleum coke, carbon black feedstock, naphtha, furnace oil, bitumen, propylene, polypropylene, monoethylene glycol, reformate, light cycle oil, purified terephthalic acid, jute batching oil, lube oil base stocks, sulfuric acid, polymer grade hexane, methyl tert-butyl ether, benzene, aviation gasoline, para-xylene, aromatics, and paraffin wax. It is also involved in the operation of fuel stations, supply of piped and compressed natural gas; exploration and production of crude oil and gas and petrochemicals; manufacture and sale of cryogenics comprising aluminum cryocans, cryogenic vessels, pressure vessels, and lube and aviation equipment, as well as bulk explosives; and provision of non-fuel products, such as LPG stoves, hoses, and cylinder trolleys, as well as indoor solar cooking systems, kitchen aprons, and gas lighters. In addition, the company engages in the wind and solar power generation; terminalling, retailing, and aviation refueling; lube blending and marketing; bunkering; refining and pipeline consultancy activities; licensing of technologies; and provision of financial services. Additionally, it operates Fuel@Call, a cloud-based technology platform for on-demand fuel delivery service for industrial and commercial customers; provides marine oils, including bunker fuels and marine lubricants; and spray and specialty oils, metal working and railroad oils, lubes, and greases for automobiles, agricultural equipment, stationary engines, and marine industries. The company was incorporated in 1959 and is based in New Delhi, India.

Corporate governance

Indian Oil Corporation Limited’s ISS governance QualityScore as of 1 July 2024 is 7. The pillar scores are Audit: 8; Board: 6; Shareholder rights: 10; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.