Bharat Petroleum Corporation (BPCL) has raised Rs 935.61 crore through allotment of 93,561 unsecured, listed, rated, non-cumulative, redeemable, non-convertible, taxable, debentures (NCDs) of face value of Rs 1,00,000 each at par on a private placement basis at the interest rate of 7.58% per annum payable annually. The said NCDs will be listed on the debt market segment of the BSE and National Stock Exchange of India.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.
