Indian Oil Corporation Ltd allots NCDs of Rs. 3000 crore

Indian Oil Corporation Ltd has issued 30000, 5.05% Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (Series - XVII) of Rs.10,00,000 each aggregating to Rs. 3000 Crores on Private Placement basis on 27th May 2020 to meet its Capex requirements.

Shares of INDIAN OIL CORPORATION LTD. was last trading in BSE at Rs.77.15 as compared to the previous close of Rs. 75.45. The total number of shares traded during the day was 994821 in over 4715 trades.

The stock hit an intraday high of Rs. 77.8 and intraday low of 76.35. The net turnover during the day was Rs. 76851701.

Source : Equity Bulls

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