BHARAT PETROLEUM CORPORATION LTD.

Bharat Petroleum Corporation Ltd (BPCL) has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with the company's Code for Prevention of Insider Trading. The window will be shut from Thursday, October 1, 2026, and will reopen 48 hours after the financial results for the quarter and half-year ended September 30, 2026, are filed with the stock exchanges. The specific date for the Board meeting to consider these financial results will be communicated separately.

Bharat Petroleum Corporation Ltd (BPCL) has received two orders from the Collector & Additional Superintendent of Stamps, Gujarat, demanding a total of ₹18,56,181 in stamp duty and ₹18,93,305 in penalty related to the amalgamation of Bharat Oman Refineries Limited. A second order demands ₹1,25,534 in stamp duty and ₹7,37,681 in penalty for land allotment and awards dating back to 2001-2010. The company's objections were rejected, and it plans to appeal these orders. BPCL states there is no material impact on its financial or operational activities.

Bharat Petroleum Corporation Ltd (BPCL) announced the appointment of M/s. M. M. Nissim & Co LLP and M/s. Manohar Chowdhry & Associates as its statutory auditors for the Financial Year 2026-27. The appointment was made by the Comptroller and Auditor General of India (C&AG) under Section 139 of the Companies Act, 2013. M/s. M. M. Nissim & Co LLP has a long professional history in India since 1927, offering a wide range of services with a PAN India presence. M/s. Manohar Chowdhry & Associates, founded in 1984 and headquartered in Chennai, also brings extensive experience with multiple offices and partners, and is a member of the PCAOB.

Bharat Petroleum Corporation Ltd (BPCL) has announced the extension of Shri Vetsa Ramakrishna Gupta's tenure as Director (Finance). This extension, communicated by the Ministry of Petroleum & Natural Gas, is effective until his superannuation on June 30, 2031, or until further orders, whichever comes first. This follows previous intimations regarding his position.

Bharat Petroleum Corporation Ltd (BPCL) has amended its Memorandum of Association (MOA) to include business activities related to electronic and virtual payment systems. This amendment follows the passing of necessary resolutions at the Annual General Meeting (AGM). The expanded scope covers services like Unified Payments Interface (UPI), payment aggregation, e-wallets, mobile wallets, payment gateways, and various payment instruments, both domestically and internationally. This move signals BPCL's strategic intent to diversify into the digital payments sector.

Bharat Petroleum Corporation Ltd (BPCL) has released the Chairman's Statement delivered at its 73rd Annual General Meeting held on August 27, 2026. The statement reviews a landmark year, marking BPCL's fifty years of service and its entry into a new phase. It highlights India's remarkable transformation and BPCL's role in powering its progress. The Chairman addressed the complex global backdrop of FY 2025-26, marked by geopolitical tensions and supply-chain disruptions, which significantly impacted energy prices. Despite these challenges, BPCL demonstrated agility and foresight, ensuring uninterrupted operations. The statement emphasizes India's resilience, driven by strong domestic demand and public investment, and outlines a distinctive energy transition pathway. This pathway involves integrating hydrocarbons with renewable power, natural gas, biofuels, green hydrogen, and energy storage, balancing energy security, affordability, and sustainability. BPCL's strategy is anchored in this pragmatic approach, aiming to power today's growth while building tomorrow's energy architecture for a self-reliant Bharat.

Bharat Petroleum Corporation Ltd (BPCL) has been levied fines totaling ₹29,33,480 by BSE Limited and the National Stock Exchange of India Limited. The fines, amounting to ₹14,66,740 from each exchange, are due to non-compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, specifically concerning board composition, quorum, and committee constitution. This situation arose because the tenure of Independent Directors expired in March 2026, leaving the company without the required number of independent directors to form the Board, Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Risk Management Committee. BPCL, being a Government Company, awaits nominations from the Government of India for new appointments and plans to reconstitute the board and committees once nominations are received. The company has stated there is no material impact on its financial or operational activities and will seek a waiver for the levied fines.

Bharat Petroleum Corporation Ltd (BPCL) has announced a corporate name change for its Brazilian subsidiary, IBV Brasil Petróleo Limitada (IBV). The company, in which BPCL's wholly owned subsidiary Bharat PetroResources Ltd. (BPRL) holds a 100% equity stake through its step-down subsidiaries, will now be known as "BPRL Brasil Limitada". This change is in accordance with the applicable laws of Brazil. The certificate confirming the name change was received on August 19, 2026. This rebranding signifies a closer alignment with the parent group's identity.

Bharat Petroleum Corporation Ltd (BPCL) announced that its Board of Directors has approved a fund-raising plan through the issuance of secured/unsecured redeemable Non-Convertible Debentures (NCDs). The company can raise up to ₹5,000 crore in a maximum of 10 tranches within one year. The specific details of allotment and other terms will be communicated to the stock exchange at the time of issuing each series or tranche. This move aims to bolster the company's financial resources for its operational and strategic needs.

Bharat Petroleum Corporation Ltd (BPCL) has announced that its Board of Directors will convene on August 18, 2026. The primary agenda item for this meeting is to consider and approve a fund-raising initiative through the issuance of Non-Convertible Debentures. This move is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also informed that the trading window for its securities will be closed from August 14, 2026, to August 20, 2026, to prevent insider trading.