IOC board clears CPCL buyout
Indian Oil Corporation (IOC) has informed the BSE that its board has accorded approval for purchase of the entire holding of the government of India in Chennai Petroleum Corporation Ltd (CPCL) and Bongalgaon Refinery and Petrochemicals Ltd (BRPL).Indo Rama equity shares
The board of Indo Rama Synthetics India has allotted 1,02,70,000 equity shares of Rs 10 each at par as fully paid-up of an aggregate face value of Rs 10.27 crore to IFCI by way of conversion of loan into equity. The allotment would be with effect from December 22, 2000, pursuant to IFCI exercising its option for such conversion. Electrolux net is Rs 3 crElectrolux Kelvinator Ltd has reported a net profit of Rs 3.04 crore in the 15-month period ended December 31 2000 as compared to a net loss of Rs 5.14 crore for the 18-month period ended September 30 1999.
Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
