Oil India transfers 1.85 cr equity shares of Numaligarh Refinery to Govt. of Assam

Oil India has transferred 1,85,57,748 equity shares of subsidiary - Numaligarh Refinery in favour of Govt. of Assam on 03 January 2022 at a consideration of Rs 217.75 per share (total consideration aggregating to Rs 404.09 crore). Post the above transfer, the company's equity shareholding in Numaligarh Refinery is 69.63%.

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