Indian Oil Corporation Limited
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Taking the Lead to Fuel India’s Energy Needs
Indian Oil Corporation Limited (IndianOil) is the country’s largest integrated and diversified energy company. IndianOil’s presence across the entire hydrocarbon value chain allows it to create sustainable business outcomes.
Today, IndianOil accounts for the largest market share of India’s petroleum product consumption. As a ‘Maharatna’ company, we address the multiple energy needs of the nation with our integrated business model, leading from the front as a responsible energy major.
IndianOil endeavours to uphold the principles and practices of corporate governance to ensure transparency, integrity and accountability in its functioning. These are vital to achieve our vision of becoming the ‘Energy of India’ and a globally admired company.
Statutory Board committees
Other Board committees
Average attendance across all meetings
Meetings held(Board and Statutory Committees)
Chairman along with Functonal Directors of IndianOil
The last financial year has been a perfect guide in demonstrating the importance of team-resolve in tiding over challenges...Your Company not only surmounted the pandemic crisis, but it also rose to the occasion to thwart major threats and chart new paths of excellence.
Shrikant Madhav Vaidya
Chairman, IndianOil
In line with our Enterprise Risk Management (ERM) policy and integrated assurance methodologies, we have established processes and practices across our organisation that enable us to proactively identify, analyse and mitigate risks that might impact our operations. We believe risks are multi-dimensional and, therefore, need to be addressed in a holistic manner, considering the changes in the external environment and robustness of our internal processes.
Read MoreOur Approach
To thrive in a dynamic environment, we are consistently adopting an agile and strategic approach to maximise value creation for stakeholders across business verticals. Resting on our core competencies and years of experience, we are adequately prepared to carry forward a legacy of growth and success.
See the modelCapitals supporting our status as the largest energy PSU in India
© 2021 - Indian Oil Corporation Limited | Integrated Annual Report 2020-21
