{"id":402782,"date":"2021-03-03T10:55:24","date_gmt":"2021-03-03T05:25:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402782"},"modified":"2021-03-03T11:10:50","modified_gmt":"2021-03-03T05:40:50","slug":"bpcl-to-reward-shareholders-post-numaligarh-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-to-reward-shareholders-post-numaligarh-sale\/","title":{"rendered":"BPCL to reward shareholders post Numaligarh sale"},"content":{"rendered":"<p>State-run Bharat Petroleum Corp. Ltd (BPCL) will pay dividend to its shareholders after the stake sale in Assam-based Numaligarh Refinery Ltd (NRL) is completed, N. Vijaygopal, director finance, BPCL, said on Tuesday.<\/p>\n<p>\u201cA portion of the proceeds will go to shareholders as we have a track record of rewarding shareholders. A portion will also go towards tax and the rest will go towards completing the Bharat-Oman stake sale,&#8221; he added.<\/p>\n<p>The BPCL board approved the sale of its entire 61.65% stake in NRL for \u20b99,875 crore on Monday, ahead of its privatization. A consortium of Oil India Ltd (OIL) and Engineers India Ltd (EIL) will acquire 49%, and the rest 13.65% will be sold to Assam government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run Bharat Petroleum Corp. Ltd (BPCL) will pay dividend to its shareholders after the stake sale in Assam-based Numaligarh Refinery Ltd (NRL) is completed, N. Vijaygopal, director finance, BPCL, said on Tuesday. \u201cA portion of the proceeds will go to shareholders as we have a track record of rewarding shareholders. A portion will also go towards tax and the rest will go towards completing the Bharat-Oman stake sale,&#8221; he added. The BPCL board approved the sale of its entire 61.65% stake in NRL for \u20b99,875 crore on Monday, ahead of its privatization. A consortium of Oil India Ltd (OIL) and [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-402782","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402782","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=402782"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402782\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}