Bharat Petroleum Corporation (BPCL) has signed the agreement on June 29, 2026 to acquire 40% equity stake in Tiki Tar and Shell India (TTSIPL), a joint venture company of Tiki Tar Group and Shell Gas B.V.
BPCL’s strategic acquisition of a 40% stake in TTSIPL is primarily driven by the need to capture the rapidly growing market for Value-Added Bitumen (VAB) in India’s booming infrastructure sector. The cost of acquisition is Rs 85 crore.
Bharat Petroleum Corporation is a leading Oil and Gas company, providing services to both retail and bulk customers.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1308.80 |
| Indian Oil Corpn. | 141.40 |
| Bharat PetroleumCorp | 308.55 |
| HPCL | 398.60 |
| MRPL | 149.15 |
| View more.. | |
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