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Indian Oil Corporation reply to clarification sought by the exchange

01 Sep 2015 Evaluate

The Exchange had sought clarification from Indian Oil Corporation with respect to news article appearing in Mint on September 1, 2015 titled ‘Indian Oil said to plan $3 bn petrochemicals plant in Iran’. Indian Oil Corporation replied stating that the news item titled ‘Indian Oil said to plan $3 bn petrochemicals plant in Iran’ is speculative in nature and they have no comments to offer in the matter.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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