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ONGC takes over disputed Cambay block from Vedanta after court ruling
Business Standard 38 min ago·15 Nov 2026, 7:39 am
State-run Oil and Natural Gas Corporation (ONGC) has taken over operations and control of the disputed Cambay offshore block from Vedanta Oil & Gas Ltd following a Delhi High Court ruling, according to regulatory filings by the two companies. Vedanta Oil & Gas Ltd has recognised an impairment charge of about Rs 379 crore against assets and receivables linked to the block. The takeover of the CB-OS-02 block took effect on July 22, 2026, after the High Court's single-judge bench dismissed Vedanta'
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Key takeaways
- Concerns Oil & Natural Gas Corporation (ONGC).
- Category: Company.
Why it matters
A routine update for Oil & Natural Gas Corporation. Use the price and stock snapshot to gauge how the market is responding.
