10.7 C
New York
Monday, November 28, 2022

Buy now


LIC Buys Over 2% Stake In BPCL For Nearly Rs 1,598 Crore

The state-owned life insurance behemoth in a regulatory filing on Tuesday said its shareholding in BPCL has increased from 7.03% to 9.04% of the paid-up capital of the company.

As per SEBI’s regulatory norm, listed companies have to disclose shareholding in excess of 2%.

BPCL has a market capitalisation of Rs 67,301 crore, which is in the refining of crude oil and marketing of petroleum products.

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles