Bharat Petroleum Corporation to acquire additional stake in Petronet CCK

To acquire 26% stake for Rs 78.60 crore

Bharat Petroleum Corporation announced that the board of Directors of the Company at its meeting held on 11 April 2016 have approved to acquire Petronet India's 26% stake in Petronet CCK at a cost of Rs 78.60 crore. On completion of the transaction, holding of Bharat Petroleum Corporation will go up to 99.96% in Petronet CCK.

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