Ministry of Corporate Affairs, the competent authority to approve mergers of government companies has sanctioned the merger of Bongaigaon Refinery & Petrochemicals Ltd (BRPL), a subsidiary of Indian Oil with Indian Oil Corporation Ltd.
The merger provides for a swap ratio of 4 : 37 that will translate into four equity shares of Rs 10 each of Indian Oil as fully paid for every 37 equity shares of Rs 10 each of Bongaigaon Refinery & Petrochemicals Ltd. B.KARTHICK RESEARCH ANALYST WWW.KENCES1.BLOGSPOT.COM <http://www.kences1.blogspot.com/> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
