Hindutan Oil Exploration plans rights issue | india | Hindustan Times
Today in New Delhi, India
Jan 17, 2017-Tuesday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Hindutan Oil Exploration plans rights issue

india Updated: Aug 09, 2006 16:13 IST
Reuters
Reuters
None
Highlight Story

Hindustan Oil Exploration Co Ltd said on Wednesday its board approved a rights issue of one share for every three held at 76 rupees per share.

The company, in which UK's Burren Energy holds a 26.1 percent stake, plans to raise 1.5 billion rupees from the issue.

Hindustan Oil shares rose 6.2 percent to 124.25 rupees in a firm Mumbai market.

tags

<