In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Hindustan Petroleum Corporation has informed that Government of India vide letter dated October 23, 2019 has conferred Hindustan Petroleum Corporation Limited (HPCL) with ‘Maharatna Status’. Accordingly HPCL is empowered to exercise the powers of a Maharatna Company as governed by relevant guidelines issued by Department of Public Enterprises.
The above information is a part of company’s filings submitted to BSE.