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Mangalore Refinery planning to raise funds upto Rs 5,000 crore

23 Aug 2021 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) is planning to raise funds upto Rs 5,000 crore through issue of Non-convertible Debentures (NCDs)/ Bonds. The board of directors meeting scheduled for September 04, 2021 to approved the same. 

MRPL is engaged in the business of refining crude oil. It offers high speed diesel oil, fuel oil and motor spirit. It operates as a subsidiary of Oil and Natural Gas Corporation.

Peers
Company Name CMP
Reliance Industries 1179.85
Indian Oil Corpn. 130.10
Bharat PetroleumCorp 287.90
HPCL 345.20
MRPL 172.90
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