ESSAROIL

Essar Oil Limited has informed the Exchange regarding Public Notice for the attention of the erstwhile Equity Shareholders whose Equity Share(s) were tendered and accepted under the delisting offer or exit offer of the Company.

Essar Oil Limited has informed the Exchange regarding Public Announcement and Exit Offer Letter to remaining public shareholders under delisting process.

Essar Oil Limited has informed the Exchange that in terms of regulation 30(5) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ("the Regulations") the Key Managerial Personnel of the Company viz. Mr. L. K. Gupta, Managing Director & CEO, Mr. Suresh Jain, Chief Financial Officer and Mr. Sheikh S Shaffi, Company Secretary have been severally authorized to determine materiality of events or information and make disclosures to stock exchanges.

Essar Oil Limited has informed the Exchange regarding "Commencement of operations at Company's Refinery at Vadinar".

Essar Oil Limited has informed the Exchange that the Company have commissioned second Hydrogen Manufacturing Unit (MHU) of 105 Knm3/hr capacity at the Company's refinery, which would provide flexibility and reliability to overall refinery operations.

Essar Oil Limited has informed the Exchange that with reference to the earlier announcement dated June 23, 2014, regarding the approval of the board of directors of the Company for a voluntary delisting proposal from its promoter, Essar Energy Holdings Limited ("EEHL") seeking to delist the equity shares of the Company (the "Delisting Proposal") in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("SEBI Delisting Regulations"). The Company has received a certificate computing the floor price for the Delisting Proposal which has been issu

Essar Oil Limited has informed the Exchange that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on November 20, 2013 has approved grant of 2,313,292 options (convertible into equivalent number of equity shares of Rs. 10/- each of the Company, in three equal installments, at the end of 3rd / 4th / 5th years from the grant date) to the eligible employees of the Company pursuant to Essar Oil Employee Stock Option Scheme 2011. These stock options have been granted at an option value of Rs. 52.20 per equity share of face value of Rs. 10/- eac

Essar Oil Limited had informed the Exchange about grant of 32,11,391 options (convertible into equivalent number of equity shares of Rs.10/- each of the Company to the eligible employees of the Company pursuant to Essar Oil Employee Stock Option Scheme 2011. The Company has now informed the Exchange that the Remuneration Committee of the Board of Directors has on May 12, 2012 noted the cancellation/forfeiture of 3,00,642 stock options out of the above grant.

Essar Oil Limited has informed the Exchange that the Company has on May 07, 2012 filed a writ petition in the Honourable Gujarat High Court to seek direction on the repayment instalments and interest in relation to its sales tax deferral liability to the Government of Gujarat. This petition has no new impact on the Company's business. The Company has already recognised this liability in its accounts for the quarter ended December 31, 2011.

Essar Oil Limited has informed the Exchange that on January 17, 2012, the Hon'ble Supreme Court has set aside the judgment of the Gujarat High Court by which Essar Oil was entitled to avail of Sales Tax Deferment Scheme i.e. to pay Sales Tax to the Gujarat State Government in deferred installments. The Company has availed of approx. Rs. 6,300 crore of Sales Tax benefit as of December, 2011 which was to be paid in deferred installments. The Company will provide further information in the matter after studying the judgment passed by the Hon'ble Supreme Court.

Essar Oil Limited has submitted to the Exchange a copy of the Abstract of the terms of Contract of appointment of Shri Lalit Kumar Gupta, Managing Director & CEO and change in terms of contract of former Managing Director, Shri Naresh Kumar Nayyar alongwith respective memorandums of interest under Section 302 of the Companies Act. 1956 .

Essar Oil Limited has informed the Exchange vide its letter dated March 28, 2011 that "planned shutdown of Refinery at Jamnagar."

Essar Oil Limited has submitted to the Exchange a copy of the notice published in the newspaper u/s 640B of the Companies Act, 1956 for seeking Central Government approval.

Essar Oil Limited has informed the Exchange vide its letter dated May 07, 2010 that : "We have been updated by our promoters that their holding company, Essar Energy plc has raised approximately a sum of US $ 1.95 billion through offer of its shares which have today been admitted to the official list of the UK Listing Authority and to trading on the London Stock Exchange main market for for listed securities ".

Essar Oil Limited has informed the Exchange vide its letter dated April 08, 2010 that:"We have been informed by our promoters that they have an intention to list their energy company (which includes their holdings in Essar Oil Limited) on the official list of Financial Services Authority UK and to trading on the London Stock Exchange's main market for listed securities".

Essar Oil Limited has submitted to the Exchange a copy of the presentation for the information of its shareholders and investors, put-up by the company on its website. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/essaroil_presentation_30032010.zip target=NEW> For more details click here.</a>

Essar Oil Limited has informed the Exchange vide its letter dated March 04, 2010 regarding update "Essar's E&P Business- A Major Wealth Creator For Essar Oil Limited: CBM recoverable resource certified at 7.00 Tcf ".The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ESSAR_pr_05032010.ZIP target=NEW> For more details click here.</a>

Essar Oil Limited has informed the Exchange that "The Chairman appointed by the Hon'ble High Court of Gujarat at Ahmedabad for the purpose of conducting meeting of equity shareholders of the Company to consider merger of Essar Oil Vadinar Limited with Essar Oil Limited has filed his report at the High Court. As per the report the scheme for merger was approved by the equity shareholders at their meeting held on October 21, 2009".

Essar Oil Limited has informed the Exchange that "Vadinar Power Company Limited (VPCL), subsidiary of the Company, has raised additional equity to part finance its expansion project for increasing its power generation capacity. Due to increase in paid-up capital of VPCL the percentage shareholding of Essar Oil Ltd. in VPCL has reduced from 53.24% to 26.01% and consequently VPCL has ceased to be a subsidiary of the Company."

Essar Oil Limited has informed the Exchange that the Company has planned a shut-down of the Refinery at Jamnagar from April 13, 2009 for a period of 18 days for planned maintenance and inspection of various process units. This is the first planned turn around since commissioning and commencement of commercial production in May 2008. During the shutdown it is proposed to take up certain jobs as part of ongoing refinery expansion program requiring refinery shutdown.

Essar Oil Limited has informed the Exchange that all the units of the 10.5 MMTPA Refinery at Vadinar, District Jamnagar have been operating satisfactorily and the Company has declared commencement of commercial production with effect from May 01, 2008. Further, the Company has submitted to the Exchange a copy of a presentation, being made to analysts on May 30, 2008. A copy of the presentation shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/essar_UP_3

Essar Oil Limited has informed the Exchange vide its letter dated April 24, 2008 that: "The Company has received today, a judgment passed by a Division Bench of the Hon'ble High Court of Gujarat at Ahmedabad, restoring eligibility of the Company to avail Sales Tax/ Value Added Tax deferment benefits to the extent of 125% of eligible capital investment in the Company's Refinery Project at Vadinar, District Jamnagar, under the New Capital Incentive Policy- Capital Investment Incentive to Premier/ Prestigious Unit, Scheme 1995-2000. The High Court has directed the Government of Gujarat to grant t

Essar Oil Limited has informed the Exchange that they are uploading a copy of a "Company Update Presentation" on the Company's website 'www.essar.com'. A copy of the presentation shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Essaroil_Pre_27022008.zip target=NEW> For more details click here.</a>