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HPCL to raise upto Rs 10,000 crore on private placement basis

16 Dec 2022 Evaluate

Hindustan Petroleum Corporation (HPCL) has received approval to raise upto Rs 10,000 crore through issuance of Secured/Unsecured Redeemable Non-Convertible Debentures/Bonds/Notes etc on private placement basis in the domestic market and/or in the overseas market from the date of such approval. The Board of Directors of the Company at its meeting held on December 15, 2022 approved the same.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.

HPCL Share Price

387.00 -9.25 (-2.33%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1435.70
Indian Oil Corp. 144.70
BPCL 302.85
HPCL 387.00
MRPL 167.90
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