BPCL to pay special dividend post NRL deal

NEW DELHI: Bharat Petroleum Corporation Ltd (BPCL) will use part of the proceeds from the `9,876 crore stake sale in Numaligarh Refinery to pay a special dividend to its shareholders—the largest of which is the Government of India. The GoI currently holds 52.98 per cent in BPCL, though it has approved the privatisation of the state-run oil marketing firm.