Hindustan Petroleum Corporation (HPCL) has issued Un-secured, Redeemable, Non-Convertible, Non-Cumulative, taxable, Debenture of Rs 10,00,000 each aggregating to Rs 600 crore on private placement basis on January 28, 2020 for General Corporate Purpose of the company. The date of maturity is April 12, 2023.
HPCL is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.
