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Principles and practices of management assignment 1
- 1. PRINCIPLES AND PRACTICES OF MANAGEMENT NAME - Mrinal Niture PRN NO. - 16030141051 PUBLIC SECTOR COMPANY Oil India Limited •Oil India Limited was formed by the Burmah Oil Company Limited as its subsidiary in in what is now India 1887 to explore in the Assam Basin, India •Oil India Limited (OIL) is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquarters in Duliajan, Assam, India under the administrative control of the Ministry of Petroleum and Natural Gas.
- 2. Introduction • Public sector undertaking - Oil India Limited • Incorporated - 1981 • Ministry - Ministry of Petroleum & Natural Gas • Headquarter - New Delhi • Sector - Mining • Group - Crude Oil • Ratna status - Navratna • Status - Listed in Bombay Stock Exchange and National Stock Exchange of India • Government of India share holding on behalf of president of India(%) - 67.64 • Website - oil-india.com
- 3. BOD (Board Of Directors) • Mr. A.P Sawhney : ( Chairman & Managing Director , OIL and Additional Secretary, Ministry of Petroleum & Natural Gas ) • Ms. Rupshikha Saikia Borah : Director (Finance):Ms. Rupshikha Saikia Borah has taken over as Director (Finance) of Oil India Limited (OIL) October, 2013. She is the first ever lady functional director in the Board of OIL . No. of shares held - 5000 (Jointly with Shri N.M. Borah) • Mr. Sudhakar Mahapatra:Director : (Exploration & Development): Shri Sudhakar Mahapatra, joined Oil India Ltd as Director (Exploration & Development) on 4.08.2014 .
- 4. • Mr. Biswajit Roy : Director (Human Resources & Business Development):Mr. Biswajit Roy has taken over as Director (Human Resources & Business Development) of Oil India Limited (OIL) on 8th May 2015. • Mr. Pramod Kumar Sharma: Director Mr. Pramod Kumar Sharma has taken over as Director (Operations) of Oil India Limited (OIL), on 1st June 2015. • Mr. Sunjay Sudhir : Govt. Nominee Director and Joint Secretary (International Cooperation), MOP & NG : Mr. Sunjay Sudhir is Joint Secretary (International Cooperation) in the Ministry of Petroleum and Natural Gas. He joined the Indian Foreign Service in 1993. He joined OIL Board on 2nd January, 2016.
- 5. (IN %) MAR 2016 DEC 2015 SEP 2015 JUN 2015 MAR 2015 PROMOTER & GROUP FOREIGN 0.00 0.00 0.00 0.00 0.00 INDIAN 68.93 68.93 68.93 68.93 68.94 TOTAL PROMOTERS 68.93 68.93 68.93 68.93 68.94 NON PROMOTER INSTITUTIONS 17.45 17.49 17.49 17.65 17.60 FINANCIAL INSTITUTIONS / BANKS 1.38 1.53 1.31 1.21 1.20 FOREIGN INSTITUTIONAL INVESTORS 5.60 6.02 6.43 7.23 7.18 INSURANCE COMPANIES 9.12 8.77 8.57 8.30 8.29 MUTUAL FUNDS / UTI 1.35 1.17 1.17 0.92 0.92 NON- INSTITUTION 13.62 13.57 13.58 13.41 13.47 INDIAN PUBLIC 1.83 1.77 1.78 1.67 1.68 OTHERS 11.79 11.80 11.80 11.74 11.79 TOTAL NON PROMOTER 31.07 31.06 31.07 31.06 31.07 TOTAL PROMOTER & NON PROMOTER 100.00 99.99 100.00 99.99 100.01 CUSTODIANS 0.00 0.00 0.00 0.00 0.00 GRAND TOTAL 100.00 100.00 100.00 100.00 100.00