Fetching News Details

HPCL seeks 8k crore rupees in loan to fund expansion
May 22, 2019

HPCL seeks 8k crore rupees in loan to fund expansion

Refinery major, HPCL is looking to borrow ₹8k crore to carry out its expansion plans. HPCL Chairman, MK Surana said that the proposed plan of raising Rs 12,000 crore in debt has been approved by shareholders. While HPCL is yet to decide upon the time or size of borrowings, it is clear that the fundraising does not involve borrowing plans of subsidiaries.

⬅ all news

Please Login to Save News for Later