Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
News
Home News News and Press Release Month 12 2019 2019 (12) This
← Previous Next →
 

Disinvestment of BPCL

December 10, 2019
  • Contents

The Government of India’s paid-up share capital in Bharat Petroleum Corporation Ltd (BPCL) is ₹ 1,048.15 crore, which is equal to 53.29% of total paid-up share capital of BPCL.

This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.

Disinvestment is being undertaken as per the procedure for strategic disinvestment approved by the CCEA on 17.02.2016, and as further modified on 3.10.2019. The completion of the procedure and expected realization from strategic disinvestment in BPCL will depend on the prevailing market conditions and the investor's interest at the time of sale.

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||