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Proposed Funding Plan of BPCL

| Updated on February 02, 2018 Published on February 17, 2017

Bharat Petroleum Corporation Ltd has informed BSE that at the Annual General Meeting of Bharat Petroleum Corporation Limited (BPCL) held on September 21, 2016, Shareholders of the Company approved Private Placement of Non-Convertible Bonds/Debentures and/or Other Debt Securities. In exercise of the said delegated authority, BPCL is planning to raise up to Rs. 2,000 Crores during the current financial year through private placement of secured non-convertible debentures subject to market conditions. The Debentures are proposed to be listed on Debt Market segment of the BSL Ltd. and National Stock Exchange of India Ltd. (NSE). The details of the issue viz., class of investors, issue price, tenor, interest rate etc. will depend on the market conditions which will be intimated on crystallization of the issue.

Pdf Link: Proposed Funding Plan of BPCL

Source : BSE - www.bseindia.com

Published on February 17, 2017
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