Shareholder Information - 56th AGM Details :: Hindustan Petroleum Corporation Limited

General Shareholder Information

1.0 56th Annual General Meeting

Date and Time : September 22, 2008 at 11.00 AM

Venue     : Rama Watumull Auditorium
                Kishinchand Chellaram College,
                Dinshaw Wacha Road,
                Churchgate, Mumbai-400 020.

2.0 Financial calendar

Financial reporting for Qtr.ending 30/06/08	End Jul. 2008
Financial reporting for Qtr.ending 30/09/08	End Oct. 2008
Financial reporting for Qtr.ending 31/12/08	End Jan. 2009
Financial reporting for Qtr.ending 31/03/09	End May 2009
Annual General Meeting for year ending 31/03/2009	Aug-Sep. 2009

3.0 Date of Book Closure : September 05, 2008 – September 22, 2008

4.0 Dividend payment date (tentative) : September 26, 2008

5(a) Listing on Stock Exchanges as of 31.03.08:

The Bombay Stock Exchange Ltd.,
Phiroze Jeejeebhoy Towers, Dalal Street,
Mumbai – 400 001

The National Stock Exchange of India Ltd. Exchange Plaza,
5th Floor,
Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (East),
Mumbai – 400 051

5(b) Listing fees:

Listing fees for financial year 2008-09 have been paid to the Stock Exchanges in April, 2008.

The approval for delisting of shares have been obtained from Delhi and the Kolkatta Stock Exchanges during the Financial Year.

6.0 Stock Codes :

BSE : 500104

NSE : HINDPETRO

ISIN (for trading in Demat form) : INE094A01015

7.0 Stock Market Data :

HPCL Share Price – BSE
Year	High Rs.	Low Rs.
2007-08	405.90	218.00
2006-07	361.00	206.00
2005-06	348.00	283.30
2004-05	538.50	225.55
2003-04	542.45	269.40

Performance in comparison to broad based indices
As on	HPCL Share price Rs.	BSE 30 SENSEX	NSE 50 NIFTY
31-3-2008	255.60	15644.44	4734.50
31-3-2007	246.70	13072.10	3821.55
31-3-2006	322.90	11279.96	3402.55
31-3-2005	305.95	6492.82	2035.65
31-3-2004	507.60	5590.60	1771.90

HPCL share price monthly data

Month	Mumbai Stock Exchange				National Stock Exchange
	High Rs.	Low Rs.	Close Rs.	Volume Nos.	High Rs.	Low Rs.	Close Rs.	Volume Nos.
April 2007	280.85	238.05	270.10	3899141	281.00	237.15	270.10	10927425
May 2007	309.90	270.50	290.70	3909524	310.00	270.00	294.70	13431103
June 2007	299.70	260.00	267.85	4651434	298.90	259.00	270.65	17972723
July 2007	276.70	250.30	257.40	3554158	277.00	250.05	257.65	16078485
August 2007	261.50	222.70	234.20	3955007	261.75	220.15	235.00	13686424
September 2007	291.05	230.50	266.00	5263274	291.70	232.15	266.85	16196244
October 2007	282.80	226.20	239.55	6997543	282.90	226.30	239.25	20499031
November 2007	331.00	232.10	273.10	13570641	332.50	222.20	272.60	39789165
December 2007	376.50	275.00	369.20	12502119	376.45	276.00	369.30	40726473
January 2008	405.90	218.00	255.80	11734963	404.80	205.00	253.35	40373450
February 2008	323.15	249.00	299.15	7932877	323.95	248.00	300.30	27973392
March 2008	308.00	250.25	255.60	3977473	307.85	250.10	256.40	15673100

Per share and related data :

		2007-08	2006-07	2005-06	2004-05	2003-04	2002-03
Per Share Data	Unit
EPS CEPS Dividend Book Value	Rs. Rs. Rs. Rs.	33.48 64.65 3.00 311.59	46.35 68.20 6.00 283.19	11.97 32.62 3.00 257.74	37.69 54.81 15.00 249.05	56.18 75.67 22.00 228.47	45.37 62.94 20.00 197.12
Share Related Data	Unit
Dividend Payout Price to Earnings* Price to Cash Earnings* Price to Book Value *	% Multiple Multiple Multiple	10.47 7.63 3.96 0.81	45.10 5.32 3.62 0.87	28.62 26.98 9.90 1.25	45.42 8.12 5.58 1.23	44.23 9.03 6.71 2.22	49.24 6.49 4.68 1.49
*Based on March 31 closing prices	Rs.	255.80	246.70	322.90	305.95	507.60	294.40

8.0 Registrars and Transfer Agents :

M/s.INTIME SPECTRUM REGISTRY LTD
C-13, Pannalal Silk Mills Compound,
LBS Marg, Bhandup (W),
Mumbai - 400 078.

9.0 Share Transfer System

Activities relating to Share Transfers are carried out by ISRL who are the Registrars and Transfer Agents of the Company who have arrangements with the Depositories viz., National Securities Depository Limited and Central Depository Services Limited. The transfers are approved by the Share Transfer Committee. Share transfers are registered and Share Certificates are despatched within a period of 30 days from the date of receipt if the documents are correct and valid in all respects.

The number of shares transferred during the last two years:

2007-08 48,360
2006-07 59,100

10.0 Status of Investor Services:

Investor correspondence replied during the year are as follows:

	Nature of Correspondence	Number
1	Share Transfers and related issues / Demat / Warrant Conversion	268
2	Transmission of Shares / Nomination for shares	153
3	Issue of Duplicate Share Certificates / Bonus / Rectification of shares	247
4	Dividend related issues / ECS / Bank Mandate	5918
5	Request for Change of Address	480
6	Call Money Payment Correspondence / Reminders / Forfeiture Shares	70
7	SEBI/NSE / BSE / NSDL / CDSL Complaints & Legal cases	15
8	Others	352
	Total	7503

All complaints received from SEBI, Stock Exchanges, Department of Company Affairs etc., have been appropriately dealt with.

11.0 Dematerialisation of shares and liquidity:

The total number of shares dematerialised as on 31.03.2008 is 16,28,37,661 representing 98.36% of share capital excluding shares held by the Government of India.

Trading in Equity shares of the Company is permitted only in dematerialised form, w.e.f., February 15, 1999 as per notification issued by the Securities and Exchange Board of India (SEBI).

12.0 Outstanding GDRs / ADRs / Warrants or any convertible instruments, conversion date and likely impact on equity

There are no outstanding Warrants to be converted into Equity shares.

Detachable Tradeable Warrants issued alongwith public issue shares in April 1995 were converted into equity shares during the period February 1997- April 1997. The Warrant certificates were not called back by the Company and bear no value.

13.0 Plant Locations:

The Corporation has 2 Refineries located at Mumbai and Visakh. It has 91 Regional offices, 42 Terminals / Installations / Tap off Points, 93 Depots, 43 LPG Bottling Plants, 8329 Retail outlets, 16 ASFs, 1648 SKO / LDO Dealers and 2232 LPG Distributors etc., located all over the country.

14.0 Address for correspondence

M/s.Intime Spectrum Registry Ltd.,

Unit: Hindustan Petroleum Corporation Ltd.
C-13, Pannalal Silk Mills Compound LBS Marg,
Bhandup (West), Mumbai - 400 078
Telephone No.: 22 – 25963838.
Fax No.: 022 - 25946969

Shares Department

Hindustan Petroleum Corporation Limited
2nd Floor, Petroleum House,
17, Jamshedji Tata Road,
Churchgate, Mumbai - 400 020
Telephone No.: 022 – 2286 3900
Ext.3204/3201/3233/3239/3208

15.0 Distribution schedule as on 31.03.2008

No. of Shares	Physical Holding		Dematerialised Holding		Total Shareholding		Percentage
	No. of Share Holders	No. of Shares	No. of Share Holders	No. of Shares	No. of Share Holders	No. of Shares	Share holders	Holding
1-500	11924	2175528	90134	10157870	102058	12333398	91.90	3.64
501-1000	593	435690	4901	3725348	5494	4161038	4.95	1.23
1001-5000	53	86921	2767	5419432	2820	5506353	2.54	1.63
5001-10000	2	13800	258	1909037	260	1922837	0.23	0.57
10001 & Above	1	173076750	415	141626874	416	314703624	0.38	92.93
TOTAL	12573	175788689	98475	162838561	111048	338627250	100.00	100.00

16.0 Shareholding pattern as on :

	31/03/2008			31/03/2007
Category	No. of Share Holders	No. of Shares	%	No. of Share Holders	No. of Shares	%
President of India	1	173076750	51.11	1	173076750	51.01
Financial Institutions	20	64802002	19.14	23	59329055	17.48
FIIs/OCBs	149	44783501	13.23	155	53018946	15.62
Banks	9	419124	0.12	16	1033322	0.30
Mutual Funds	53	18229295	5.38	73	24139353	7.11
NRIs	3304	1403142	0.41	3085	1185976	0.35
Employees	909	405890	0.12	974	435240	0.13
others	106603	35507546	10.49	89710	27111358	7.99
Total	111048	338627250	100.00	94037	339330000 *	100.00

*: 702750 shares forfeited during the year for non-payment of call monies

17.0 Code of Conduct:

In compliance with the terms of clause 49 of the Listing Agreement with Stock Exchanges, “Code of conduct for Board Members and Senior Management Personnel of Hindustan Petroleum Corporation Limited” has been devised and made effective 1.1.2006. The purpose of this Code is to enhance further ethical and transparent process in managing the affairs of the company. This Code has been made applicable to

All Whole-Time Directors
All Non-Whole Time Directors including independent Directors under the provisions of law and
Senior Management Personnel.

This code would be read in conjunction with the Conduct, Discipline & Appeal Rules for Officers applicable to Whole time Directors and Senior Management Personnel.

All the Board Members and Senior Management Personnel have provided the Annual Compliance Certificate duly signed by them as on March 31, 2008.

18.0 Compliance of Clause 49 of the Listing Agreement:

The Corporation is complying with the various mandatory and non-mandatory Corporate Governance requirements envisaged under Clause 49 of the Listing Agreement with the Stock Exchanges.