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BPCL: No decision on stake sale in Petronet, IGL yet: BPCL

BPCL holds 12.5 per cent of the shareholding in Indias largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, Indraprashta Gas Ltd (IGL). It is a promoter of both the listed companies and holds board positions.
Department Of Investment Bharat Petroleum Corporation Ltd Indraprashta Gas Ltd Exchange Board Of India Chief Financial Officer Public Asset Management

No decision on stake sale in Petronet, IGL yet: BPCL

Bharat Petroleum Corporation Ltd (BPCL) on Friday said no decision has yet been taken to sell its stake in Petronet LNG and Indraprastha Gas to help the company's owner avoid making an open offer for the two gas companies. V R K Gupta, Chief Financial Officer, BPCL, said market regulator SEBI has not yet responded to an application made for exempting the new owner of BPCL from
Department Of Investment Bharat Petroleum Corporation Ltd Indraprashta Gas Ltd Exchange Board Of India Indraprastha Gas Chief Financial Officer

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