Wednesday is the cut-off date for shareholders of Oil India to receive bonus shares. The public sector oil major had declared one bonus share for every three shares held by its shareholders.
As of September 30, the central government held 67.64 per cent stake in Oil India, while Life Insurance Corp of India held 9.20 per cent. IOC, BPCL and HPCL also hold significant number of shares, while a little over 1.17 lakh small investors own 3.16 per cent.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.