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HPCL seeks shareholder approval to raise Rs 6,000 cr via bonds

Company to conduct its annual general meeting on Sept 15

Amritha Pillay  |  Mumbai 


marketing company Hindustan Corporation (HPCL) seeks nod to borrow up to Rs 6,000 crore through issue of and

"Approval of the members of the company is sought by way of a special resolution for the private placement of unsecured/secured redeemable non-convertible or by raising up to  Rs 6,000 crore from domestic as well as overseas market," the company said in its annual general meeting notice (AGM) on Wednesday.

The is to be held on September 15.



First Published: Wed, August 23 2017. 21:37 IST