Hindustan Organic Chemicals Ltd

HOCL completes 92.258-acre Rasayani land sale registration to BPCL 📄

- Registration completed for 92.258 acres at Rasayani in BPCL’s favour

- Sale consideration: Rs.166.14 Cr. (approx.)

- TDS as applicable will be deducted from sale proceeds

- Sale follows Government of India decision for 242 acres to BPCL

- 242 acres sale part of HOCL restructuring

- Shareholder approval obtained for sale of 242 acres