BUDAPEST--Hungary-based central European oil and gas company MOL Nyrt. (MOL.BU) suspended its call of an extraordinary general meeting of shareholders at its Croatian subsidiary INA d.d. (INA.ZG) that would have been about an extra dividend payout, MOL announced in a stock exchange filing Tuesday.

MAIN FACTS:

- Falling oil prices have a potential negative effect on INA Industrija nafte d.d. (INA.ZG), therefore MOL won't pay out extraordinary dividends to shareholders.

- MOL had requested INA to call a meeting where it would have proposed INA to pay a dividend of 2 billion Croatian kunas (EUR260 million) from its retained earnings.

- Croatia holds a 44.8% stake in INA and MOL owns a 49.1% share, plus management rights.

- MOL was trading flat at HUF11,385 at 0837 GMT Tuesday.

Write to Veronika Gulyas at veronika.gulyas@wsj.com