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AUDITORS FOR THE YEAR 2021-22

STATUTORY AUDITORS

  1. G. S. Mathur & Co., New Delhi
  2. K. C. Mehta & Co., Mumbai
  3. Singhi & Co., Kolkata
  4. S R B & Associates, Kolkata

BRANCH AUDITOR

O. Aggarwal & Co., New Delhi

COST AUDITORS

  1. Narasimha Murthy & Co., Hyderabad
  2. K. G. Goyal & Associates, New Delhi
  3. DGM & Associates, Kolkata
  4. G. R. Kulkarni & Associates, Mumbai
  5. P. Raju Iyer, M. Pandurangan & Associates, Chennai

Narasimha Murthy & Co., Hyderabad is the Central Cost Auditor.

SECRETARIAL AUDITOR

Mehta & Mehta, Company Secretaries, Mumbai

GROUP COMPANIES

SUBSIDIARIES

Name Business
Indian Subsidiaries
Chennai Petroleum Corporation Ltd Refining of petroleum products
Foreign Subsidiaries
IndianOil (Mauritius) Ltd., Mauritius Terminalling, Retailing, Aviation refueling & Bunkering
Lanka IOC PLC, Sri Lanka Retailing, Terminalling & Bunkering
IOC Middle East FZE, UAE Lube Blending & Marketing of Lubricants & Base Oil
IOC Sweden AB, Sweden Investment company for E&P Project in Venezuela and Battery Technology Company in Israel
IOCL (USA) Inc., USA Participation in Shale Gas Asset Project
IndOil Global B.V., Netherlands Investment company for E&P Assets in Canada and UAE
IOCL Singapore Pte Ltd. Trading operation for procurement of Crude Oil, Import / Export of petroleum products and Investment Company for E&P Assets & Alternative Energy Technology Company

JOINT VENTURES

Name Business Partners
Avi-Oil India Pvt. Ltd. Manufacturing of Speciality lubricants Neden BV, Netherlands
Balmer Lawrie & Co. Ltd
Delhi Aviation Fuel Facility Pvt. Ltd. Setting up and operation of Aviation Fuel Facility at Delhi Airport Delhi International Airport Ltd.
Bharat Petroleum Corporation Ltd.
Green Gas Ltd City Gas Distribution GAIL (India) Ltd.
GSPL India Transco Ltd. Setting up of Natural Gas Pipelines Gujarat State Petronet Ltd.
Hindustan Petroleum Corporation Ltd.
Bharat Petroleum Corporation Ltd.
Hindustan Urvarak and Rasayan Ltd. Setting up and operating fertilizer plants at Sindri, Gorakhpur and Barauni Coal India Ltd. NTPC Ltd.
Fertilizer Corporation of India Ltd.
Hindustan Fertilizer Corporation Ltd
IHB Ltd. Laying, buidling, operating or expanding LPG Pipeline from Kandla (Gujarat) to Gorakhpur (UP) Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd.
Indian Oiltanking Ltd Terminalling EPC services and production of Compressed Bio-Gas (CBG) Oiltanking India GmbH, Germany
IndianOil Adani Gas Pvt. Ltd. City Gas Distribution Adani Total Gas Ltd.
IndianOil Petronas Pvt. Ltd. Terminalling services and parallel marketing of LPG Petronas, Malaysia
IndianOil LNG Pvt. Ltd LNG Terminal at Ennore Maximus Investment Advisory Pvt. Ltd.
ICICI Bank Ltd.
Tamil Nadu Industrial Development Corporation Ltd.
IndianOil Skytanking Pvt. Ltd. Aviation fuel facility projects and Into Plane services Skytanking GmbH, Germany
Indian Synthetic Rubber Pvt. Ltd. Manufacturing of Styrene Butadiene Rubber at Panipat Trimurti Holding Corporation, B.V.I.
Indradhanush Gas Grid Ltd Setting up Natural Gas Pipeline in North East India Oil and Natural Gas Corporation Ltd.
GAIL (India) Ltd.
Oil India Ltd.
Numaligarh Refinery Ltd
IndianOil Total Pvt. Ltd Undertaking bitumen business, LPG business as conducted at LPG facilities Total Marketing and Services S.A., France
IOC Phinergy Pvt. Ltd Commercialization of the Al-Air battery technology in India Phinergy, Israel
Kochi Salem Pipelines Pvt. Ltd Laying pipeline for transportation of LPG from Kochi to Salem Bharat Petroleum Corporation Ltd
Lubrizol India Pvt. Ltd. Manufacturing of Lube Additives Lubrizol Corp., USA
Mumbai Aviation Fuel Farm Facility Pvt. Ltd. Setting up common user integrated aviation fuel infrastructure at Mumbai Airport Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd.
Mumbai International Airport Ltd.
NPCIL – IndianOil Nuclear Energy Corporation Ltd. Setting up Nuclear Power Plant Nuclear Power Corporation of India Ltd
Paradeep Plastic Park Ltd. Development and implementation of Paradeep Plastic Park project Odisha Industrial Infrastructure Development Corporation
Petronet LNG Ltd LNG imports / distribution and regasification Bharat Petroleum Corporation Ltd.
Oil and Natural Gas Corporation Ltd.
GAIL (India) Ltd.
Petronet VK Ltd. Construction and operation of pipeline for transportation of POL products from Vadinar to Kandla Reliance Industries Ltd.
Nayara Energy Ltd.
Gujarat Industrial Investment Corporation Ltd. Infrastructure Leasing & Financial Services
Deendayal Port Trust
State Bank of India
Canara Bank
Ratnagiri Refinery & Petrochemicals Ltd. Refinery and Petrochemical Project in Maharashtra Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd.
Suntera Nigeria 205 Ltd. Oil exploration activities. Oil India Ltd.
Suntera Resources Ltd., Cyprus