Indian Oil Corporation Limited (IOC.BO)

170.65 +1.90 (+1.13%) As of 02:38PM IST. Market open.

Indian Oil Corporation Limited

3079/3, J.B. Tito Marg
Sadiq Nagar
New Delhi 110049
India
1800 2333 555
https://www.iocl.com

Sector(s): Energy
Industry: Oil & Gas Refining & Marketing
Full-time employees: 31,095

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kamal Kumar Gwalani	Compliance Officer & Company Secretary	8.6M	N/A	N/A
Mr. Satish Kumar Vaduguri	Director of Marketing & Whole-Time Director	10.23M	N/A	N/A
Mr. Ranjan Kumar Mohapatra	Executive Director & Head of IndianOil Institute of Petroleum Management	9.29M	N/A	1965
Mr. Sujoy Choudhury	Director of Planning & Business Development and Whole-Time Director	9.17M	N/A	1965
Ms. Sukla Mistry	Director of Refineries & Whole-Time Director	8.96M	N/A	1964
Mr. Anuj Jain	Director of Finance	N/A	N/A	1971
Ms. Rashmi Govil	Director & Director Human Resources	N/A	N/A	1971
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
Mr. Nachimuthu Senthil Kumar	Director of Pipelines & Director	N/A	N/A	1965

Amounts are as of 31 December 2023, 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, engages in the refining, pipeline transportation, and marketing of petroleum products in India. The company operates through Sale of Petroleum Products, Sale of Petrochemicals, and Other Business. It is also involved in the exploration and production of crude oil and gas, and petrochemicals; and marketing of natural gas. The company's products include petrol/gasoline, diesel, lubricants and greases, auto gas, compressed natural gas, cooking gas, kerosene, piped natural gas, liquified petroleum gas (LPG), bulk/industrial fuels, aviation fuel, marine oils, and bitumen, as well as LPG services. In addition, the company offers special products, such as carbon black feedstock, raw petroleum coke, sulphur, paraffin wax, raw petroleum coke, jute batching oil, micro crystalline wax, mineral turpentine oil, toluene, propylene, benzene, and petcoke. Further, it engages in the explosives and cryogenic; wind and solar power generation; lube blending; bunkering; refining and pipeline consultancy; terminalling, retailing, and lubricants and base oil marketing activities, as well as provision of financial services. Additionally, the company operates Fuel@Call, a cloud-based technology platform for on-demand fuel delivery service for industrial and commercial customers; and provides non-fuel products comprising LPG stoves, hoses, kitchen aprons, gas lighters, and cylinder trolleys, as well as indoor solar cooking systems. The company operates through a network of approximately 9 refineries; approximately 17,000 kilometers of pipelines; approximately 36,285 fuel stations, including 11,732 Kisan Seva Kendra outlets; 45 CBG stations; 108 LPG bottling plants/terminals; 132 aviation fuel stations; 12,861 LPG distributors; 1,788 CNG stations; 10 lube blending plants; and 5,461 EV charging stations, including 76 battery swapping stations. Indian Oil Corporation Limited was founded in 1959 and is based in New Delhi, India.

Corporate governance

Indian Oil Corporation Limited’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 7; Board: 7; Shareholder rights: 10; Compensation: 2.

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.