Chennai Petroleum Corporation has issued and allotted 11450 Unsecured, Listed, Rated, Senior, Redeemable, Non-Cumulative, Taxable, Non-Convertible, Bonds in the Nature of Debentures (Series I – 2020) of Rs 10,00,000 each aggregating to Rs 1,145,00,00,000 on Private Placement Basis to meet the funding of CAPEX and financing of normal business activities.
Chennai Petroleum Corporation, a Group company of Indian Oil Corporation is an Indian state-owned oil and gas corporation headquartered in Chennai, India.