BPCL board approves scheme of amalgamation of Bharat Oman Refineries with the company:

BPCL

The Board of Directors of BPCL at its meeting held on October 21, 2021 has considered and approved the Scheme of Amalgamation of Bharat Oman Refineries Limited (“Transferor Company”) with the company and their respective shareholders subject to receipt of necessary approvals from the Ministry of Corporate Affairs, other competent authorities and satisfaction of applicable regulatory requirements, as may be required, the company said in an exchange filing.

The stock was trading at Rs 447, down Rs 3.80, or 0.84 percent. It has touched an intraday high of Rs 454 and an intraday low of Rs 446.

News Source:- Moneycontrol

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