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Outcome of board meeting of Oil Country Tubular

Capital Market

At meeting held on 08 February 2018

The Board of Oil Country Tubular have accorded approval, subject to all statutory compliances for sale/lease of the asset {Processing Plant-2} sparingly used, the proceeds of which will augment the working capital requirement and will also reduce finance cost. The Board noted that this arrangement will not affect Operations of the Company.

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First Published: Feb 08 2018 | 9:28 PM IST

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