Oil & Natural Gas Corporation Ltd.

BSE: 500312 | NSE: ONGC
Large Cap | Oil Exploration
240.00
-3.00 (-1.23%)
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ONGC planning to raise funds of up to Rs 45,000 crore

Date: 25-08-2020

Oil and Natural Gas Corporation (ONGC) is planning to raise funds of up to Rs 45,000 crore. The company’s board is going to meet on September 1 to consider raising funds. The board will also consider and approve the company's financial results for the June quarter on the said date.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.