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BOARD OF MRPL
ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended qua...- Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despite broader market weakness. Gains w...
- ONGC appoints Pomila Jaspal as the Director (Finance) and CFOGovernment-owned oil and gas explorer and producer Oil and Natural Gas Corporation (ONGC) has appointed Pomila Jaspal as the Director (Fina...
- ONGC's plan to merge MRPL with HPCL may have to wait till FY24Sources said that the process of merging ONGC's two oil refining subsidiaries, Hindustan Petroleum Corp Ltd (HPCL) and Mangalore Refinery a...
- MRPL profit down 41 pc in Q4 on lower refinery marginsMRPL processed 4.29 million tonne of crude oil in the quarter, a shade lower than 4.31 million tonne a year earlier.
- HPCL may use mix of shares, cash & oil bonds to buy MRPLThe final nature of the deal and the payment plan will be worked out once the boards of HPCL and MRPL approve the proposal to merge.
- ONGC board gives nod to explore group restructuring optionsWhile ONGC did not provide details of the proposed restructuring, sources in the company said an advisor would be appointed to suggest poss...
- HPCL, Mangalore Refinery merger in FY'19: CMD Mukesh Kumar SuranaOil and Natural Gas Corp (ONGC), India's biggest oil and gas producer, earlier this year completed the acquisition of HPCL for Rs 36,915 cr...
- Merger with MRPL should happen at earliest, says HPCLOil and Natural Gas Corp, India's biggest oil and gas producer, last month completed the acquisition of HPCL for Rs 36,915 crore.
- HPCL may acquire MRPL in cash, share-swap dealYesterday, ONGC Chairman and Managing Director Shashi Shanker said his company will also consider merging MRPL with HPCL at a later date.
- HPCL may buy MRPL in share-swap dealShare-swap, he said, is the most likely option for the merger. “An exercise to arrive at valuations etc will begin shortly,” he said.
- ONGC, HPCL may sell stake in MRPL to meet public holding normsThe Board of MRPL will meet on August 1 for approval options to raise public shareholding up to 25 per cent as per SEBI directive, a senior...
- MRPL appoints Akshaya Kumar Sahoo as Director FinanceAkshaya Kumar Sahoo today took over as the Director Finance of Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of state-owne...
- MRPL to acquire Rs 6,400-crore petrochemical plant in KarnatakaMangalore Refinery and Petrochemicals Ltd (MRPL) today said it will take over a USD 1 billion petrochemical plant adjacent to its refinery ...
- Government sacks all five independent directors of Mangalore Refinery and Petrochemicals LtdGovernment has sacked all five independent directors of Mangalore Refinery and Petrochemicals Ltd leaving company board.
- Govt targets UPA nominees on PSU boardsThe Narendra Modi-government is now seeking to remove nine Congress-appointees from the board of ONGC, HPCL and MRPL.
- M&M recasts top deck; Jejurikar is chief of operationsUtility and tractor major Mahindra & Mahindra (M&M) on Tuesday announced a management reshuffle with an eye on business accountability and ...
- CCEA nod for ONGC’s purchase of Birla stake in MRPLThe Cabinet Committee on Economic Affairs (CCEA) today cleared ONGC’s purchase of AV Birla Group’s stake in Mangalore Refinery & Petrochemi...
- CCEA to consider ONGC's proposal for acquiring MRPL stakeThe Cabinet Committee on Economic Affairs is likely to consider tomorrow Oil and Natural Gas Corporation's proposal to acquire A V Birla Gr...
- HPCL offers 37% less than MRPL market priceHINDUSTAN Petroleum will offer a price equivalent of 50 per cent of the book value of MRPL to buy out the AV Birla group’s 37.5 per cent st...
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