Mangalore Refinery and Petrochemicals Ltd (MRPL) on Thursday said it will take over a USD 1 billion petrochemical plant adjacent to its refinery in Karnataka in an all share deal.
MRPL had recently raised its stake in ONGC Mangalore Petrochemicals Ltd (OMPL), which is setting up an aromatic complex adjacent to the Mangalore Refinery at a cost of Rs 6,400 crore, to 51 percent. It will now acquire remaining shares.
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MRPL had recently raised its stake in ONGC Mangalore Petrochemicals Ltd (OMPL), which is setting up an aromatic complex adjacent to the Mangalore Refinery at a cost of Rs 6,400 crore, to 51 percent. It will now acquire remaining shares.
For more details click here>>
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