Indian Oil Corporation (IOC) has issued 20,000 Unsecured, Rated, Taxable, Redeemable, Non-convertible Debentures (NCDs) (Series - XV) of Rs 10 lakh each aggregating to Rs 2,000 crore on Private Placement basis on January 14, 2020 to meet its CAPEX requirements.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.