The Hindu Business Line : BPCL EGM to consider Kochi Refineries merger

MUMBAI: Bharat Petroleum Corporation Ltd (BPCL) has said it will be holding an extraordinary general meeting of its shareholders on January 16, to consider the scheme of merger between the company and Kochi Refineries Ltd (KRL).

The company informed the stock exchanges on Friday that the Joint Secretary, Ministry of Company Affairs, as per his order dated November 28, had directed it and KRL to convene EGMs of respective shareholders to consider the scheme of merger. BPCL said it had appointed Mr Ashok Sinha, its Chairman and Managing Director, to be chairperson to conduct its EGM and Mr Justice Santosh N. Hegde (retd) as chairperson to conduct the EGM of KRL. Mr Sinha and Mr Justice Hegde have been authorised to fix the date, venue and time for the EGMs.

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