To acquire additional 17.28% stake for Rs 185.38 crore
Oil & Natural Gas Corpn has entered into share purchase agreement for acquisition of shares of Petronet MHB, a subsidiary of the company. The acquisition price is approx. Rs 185.38 crore for 9,48,22,632 equity shares or 17.28% stake in the share capital of Petronet MHB. Post acquisition, the company will hold about 49.996% stake in Petronet MHB.Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)