Hindustan Petroleum Corp Ltd
In the revised shareholding, under the 'statement showing the shareholding pattern of the Promoter and Promoter Group', it listed ONGC as a promoter with 77.88 crore shares or 51.11 per cent stake just below President of India with 'zero' shares.
HPCL files revised shareholding; lists ONGC as promoter
14 Aug 2019 3:33 PM

Securities and Exchange Board of India had asked HPCL to re-file shareholding pattern to stock exchanges by August 13, 2019.

Supreme Court has mandated that you cannot sell petroleum coke and so to produce fuel without any such residue requires the use of best in class technology and will cost more, an official said. (Photo: Representational)
India looking at cutting west coast refinery capacity as cost escalates to USD 60 bn
06 Aug 2019 6:26 PM

Meeting stringent environment norms such as not producing petroleum coke, and relocation of the plant has jacked up the cost.

In a regulatory filing HPCL made to stock exchanges on July 21, in the shareholding for the quarter ending June 30, 2019, HPCL again listed ONGC as "public shareholder" and not as its promoter.
HPCL refuses to recognise ONGC as its promoter
23 Jul 2019 12:34 PM

Oil and Natural Gas Corp in January last year bought the government's entire 51.11 pc stake in HPCL for Rs 36,915 crore.

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