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The Employee Offer of Indian Oil Corporation Limited (IOCL) got unprecedented response from the employees as nearly 40% of the employees participated in the offer and applied for 53.17% of 1,21,39,762 shares offered for allotment; This is highest ever employee participation in disinvestment process of any company post OFS.

News and Press Release - Dated:- 11-5-2016 - Press Information Bureau Government of India Ministry of Finance 11-May-2016 18:33 IST The Employee Offer of Indian Oil Corporation Limited (IOCL) got unprecedented response from the employees as nearly 40 .....

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st OFS. The employees participation in the disinvestment process of Government of India, gives the sense of belongingness to the company. The offer of shares by Government to eligible employees of IOCL was carried out from 2.5.2016 to 10.5.2016. The .....

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