INDIAN OIL CORPORATION LTD. - Indian Oil Corporation Ltd reply to clarification sought by the exchange
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| 19 Dec 2014 | |
| The Exchange has sought clarification from Indian Oil Corporation Ltd with respect to news article appearing in Financial Chronicle on December 19, 2014 titled "IOC to add 15 mmtpa capacity"<BR> <BR>Indian Oil Corporation Ltd replied stating "At the outset, we would like to state that we are not aware about the source of the news item, which has appeared in the newspaper. However, we would like to state that 15 MMTPA Grass Root Refinery Project at Paradip was approved by the Board of IndianOil way back in 2009. The status of the project is provided in the Annual Reports from time to time. It may be noted that the project is nearing completion and the commissioning of the project is likely to begin on stage-wise basis from March to Sept. 2015. Once the project is commissioned, the Stock Exchanges would be duly notified." | |
| View all announcements for INDIAN OIL CORPORATION LTD. | Source: BSE India |
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