{"id":286795,"date":"2019-08-09T04:54:59","date_gmt":"2019-08-09T04:54:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286795"},"modified":"2019-08-09T05:10:13","modified_gmt":"2019-08-09T05:10:13","slug":"hpcl-plans-to-rectify-shareholding-pattern-accepts-ongc-as-a-promoter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-plans-to-rectify-shareholding-pattern-accepts-ongc-as-a-promoter\/","title":{"rendered":"HPCL plans to rectify shareholding pattern, accepts ONGC as a promoter"},"content":{"rendered":"<p>Hindustan Petroleum Corp Ltd (HPCL) has agreed to rectify the shareholding pattern to include ONGC as a &#8220;promoter&#8221; after it got a reprimand from capital markets regulator Sebi for refusing to recognise its majority shareholder. <\/p>\n<p>The Securities and Exchange Board of India (Sebi) asked HPCL to re-file shareholding pattern to stock exchanges by August 13 for all quarters since Oil and Natural Gas Corp (ONGC) acquired government&#8217;s entire stake in the refiner in January 2018. <\/p>\n<p>&#8220;HPCL intends to rectify the shareholding pattern and classification of promoters by the stipulated date as per the direction from SEBI,&#8221; the company said in a stock exchange filing, attaching a copy of the letter it received from the regulator on the subject.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corp Ltd (HPCL) has agreed to rectify the shareholding pattern to include ONGC as a &#8220;promoter&#8221; after it got a reprimand from capital markets regulator Sebi for refusing to recognise its majority shareholder. The Securities and Exchange Board of India (Sebi) asked HPCL to re-file shareholding pattern to stock exchanges by August 13 for all quarters since Oil and Natural Gas Corp (ONGC) acquired government&#8217;s entire stake in the refiner in January 2018. &#8220;HPCL intends to rectify the shareholding pattern and classification of promoters by the stipulated date as per the direction from SEBI,&#8221; the company said in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-286795","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286795"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286795\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}