ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

IPCL, Dabur India, Bongaigaon Refinery

IPCL Demand Boost for Growth Indian Petrochemicals Corporation (IPCL) was incorporated in 1969 and converted into a public limited company in 1986. The central government, which held the entire equity capital of IPCL, decided to disinvest its stake in 2002, following which Reliance Industries (RIL) acquired 26 per cent stake in IPCL. Reliance made an open offer to the shareholders of IPCL and acquired 4.96 crore shares at a price of Rs 231 per share, thereby increasing its stake to 46 per cent.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top