MUMBAI – BPCL ESPS Trust on Wednesday sold a 0.3% stake in Bharat Petroleum Corporation through the open market for around Rs 400 crore.
The trust sold 68,36,948 shares at Rs 584 apiece, block deals data showed. Shares of the state-owned oil refiner ended 7.3% higher on the National Stock Exchange at Rs 626.95.
The company had informed exchanges on Tuesday that the trust is likely to offload shares through the open market.
