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HPCL raises Rs 1650 crore through NCDs

03 Mar 2023 Evaluate

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.

HPCL Share Price

378.70 4.10 (1.09%)
04-May-2026 09:09 View Price Chart
Peers
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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