{"id":586603,"date":"2023-06-24T11:11:14","date_gmt":"2023-06-24T05:41:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=586603"},"modified":"2023-06-24T11:11:14","modified_gmt":"2023-06-24T05:41:14","slug":"indian-oil-and-bpcl-pick-rights-issue-hpcl-chooses-preference-share-route-to-raise-capital","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-and-bpcl-pick-rights-issue-hpcl-chooses-preference-share-route-to-raise-capital\/","title":{"rendered":"Indian Oil and BPCL pick rights issue, HPCL chooses preference share route to raise capital"},"content":{"rendered":"<p>Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Ltd (BPCL) will launch rights issues and Hindustan Petroleum Corporation Ltd (HPCL) will make a preferential share allotment to the government this financial year, according to sources aware of the development.<\/p>\n<p>ET had reported on May 2 that the government was weighing equity infusions resulting in possible stake increases in the three oil marketing companies &#8211; IOCL, BPCL and HPCL &#8211; after they submit their capital investment plans for FY24.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Ltd (BPCL) will launch rights issues and Hindustan Petroleum Corporation Ltd (HPCL) will make a preferential share allotment to the government this financial year, according to sources aware of the development. ET had reported on May 2 that the government was weighing equity infusions resulting in possible stake increases in the three oil marketing companies &#8211; IOCL, BPCL and HPCL &#8211; after they submit their capital investment plans for FY24.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-586603","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/586603","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=586603"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/586603\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=586603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=586603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=586603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}