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OMPL allows bidders to form consortium in bidding against arranging equity funds upto 51%

Nov 19: In the latest development of the tendering process of ONGC Mangalore Petrochemicals Limited (OMPL) for selecting an equity advisor cum arranger for arranging 51% equity funds, the management has now allowed the prospective bidders to form their respective consortiums in bidding against the tender in view of the complexity of the assignment involved.
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