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...
17 Jan, 2021, 09.58 AM IST
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.
14 May, 2019, 04.28 PM IST
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.
05 Jul, 2018, 11.10 AM IST
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...
02 Jul, 2018, 04.42 PM IST
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...
23 May, 2018, 02.20 PM IST
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.
09 Feb, 2018, 07.12 PM IST
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.
22 Jan, 2018, 02.20 PM IST
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.
01 Nov, 2017, 01.06 AM IST
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...
27 Jul, 2016, 06.16 PM IST
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...
01 Feb, 2016, 04.02 PM IST
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 ...
09 Jul, 2015, 11.05 PM IST
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.
15 Sep, 2014, 04.30 PM IST
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.
01 Sep, 2014, 12.36 PM IST
- M&M recasts top deck; Jejurikar is chief of operations
Utility and tractor major Mahindra & Mahindra (M&M) on Tuesday announced a management reshuffle with an eye on business accountability and ...
06 Aug, 2008, 01.44 AM IST
- CCEA nod for ONGC’s purchase of Birla stake in MRPL
The Cabinet Committee on Economic Affairs (CCEA) today cleared ONGC’s purchase of AV Birla Group’s stake in Mangalore Refinery & Petrochemi...
20 Feb, 2003, 03.51 AM IST
- CCEA to consider ONGC's proposal for acquiring MRPL stake
The Cabinet Committee on Economic Affairs is likely to consider tomorrow Oil and Natural Gas Corporation's proposal to acquire A V Birla Gr...
18 Feb, 2003, 04.04 PM IST
- HPCL offers 37% less than MRPL market price
HINDUSTAN 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...
01 Dec, 2001, 01.18 AM IST