Hindustan Petroleum Corporation (HPCL) has raised Rs 1650 crore through issue of 1,65,000 Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures (NCDs) of Rs 1,00,000 on private placement basis on March 02, 2023 for funding of refinancing of existing borrowings and/or funding of capital expenditure of the Issuer, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the Issuer.
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.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1430.20 |
| Indian Oil Corp. | 143.65 |
| BPCL | 303.35 |
| HPCL | 378.70 |
| MRPL | 168.75 |
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