INDIAN OIL CORPORATION LTD. - Offer for sale of shares by Government of India to eligible employees of IndianOil
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| 02 May 2016 | |
| Indian Oil Corporation Ltd has informed BSE that in accordance with the approval accorded by Cabinet Committee on Economic Affairs on May 13, 2013, Government of India (GOI) has offered 1,21,39,762 Equity Shares of Rs. 10/- each to the eligible employees of IndianOil at a discounted price of Rs. 367.65 per share (5% discount to the cut off price of Rs. 387/- discovered through the Offer For Sale of equity shares of IndianOil carried out by GOI on August 24, 2015).<BR><BR>In connection with the above, action has been initiated by the Company for sale of equity shares to the eligible employees by the GOI. The offer for sale of share shall remain open from May 02, 2016 to May 10, 2016. | |
| View all announcements for INDIAN OIL CORPORATION LTD. | Source: BSE India |
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