Corrigendum to board meeting outcome: term date and one item description corrected

Inter State Oil Carrier has shared a corrigendum to its board meeting outcome uploaded on 5th October, 2026, citing inadvertent typographical errors.

Mon 12 Oct 2026

Corrected Date in Annexure-A

31st August, 2028 instead of 31st July, 2028

Corrected Item No. (b)

Approval of Related Party Transactions through Postal Ballot

Original Board Meeting Outcome Date

5th October, 2026

What the company shared

Inter State Oil Carrier has shared a corrigendum — a correction note — to the outcome of its board meeting that was submitted and uploaded on the BSE website on 5th October, 2026.

The company says the original submission contained inadvertent typographical errors and has asked readers to treat two items as corrected.

Correction 1 — a date in Annexure-A

• Under the heading “Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment,” the date shall be read as 31st August, 2028 instead of 31st July, 2028.

In simple terms, wherever that heading appeared in the earlier document, the date is now a month later than first stated.

Correction 2 — the wording of an agenda item

• Item No. (b) shall be read as “Approval of Related Party Transactions through Postal Ballot.”

The company says this description was inadvertently stated incorrectly the first time.

What these terms mean

A related party transaction is a deal or arrangement between the company and someone closely connected to it, such as promoters, directors, key managerial personnel or their relatives and group entities. Such transactions typically need shareholder approval because of the potential conflict of interest. A postal ballot is a way of getting shareholder approval without holding a general meeting — shareholders vote remotely by post or electronic means.

What a corrigendum does

A corrigendum does not announce a fresh decision. It only corrects the wording of something already disclosed, so the record on the exchange matches what the company intended to say. Here, the correction changes a date tied to an appointment/re-appointment/cessation, and it changes the description of one agenda item.

How a retail investor might read it

• The correction is administrative in nature and the company has stated the errors were inadvertent.
• Because the corrected item description refers to approval of related party transactions through postal ballot, that item is one shareholders would vote on separately, if and when the postal ballot process is undertaken.
• The corrected date and corrected item description are the versions to rely on rather than the original text.

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