General Announcement::Information Disclosure - Share Purchase Agreement

Issuer & Securities

Issuer/ Manager
HINDUSTAN PETROLEUM CORPORATION LIMITED
Securities
HINDUSTANPETROUS$500M4%N270712 - XS1637846616 - 76XB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
29-Jan-2018 19:18:24
Status
New
Announcement Sub Title
Information Disclosure - Share Purchase Agreement
Announcement Reference
SG180129OTHROVTV
Submitted By (Co./ Ind. Name)
Amol Taori
Designation
DGM-Treasury
Description (Please provide a detailed description of the event in the box below)
We have been informed that the Share Purchase Agreement ( SPA) has been entered between the President of India and Oil and Natural Gas Corporation Ltd (ONGC) for sale of 77,88,45,375 (Seventy Seven Crore Eighty-Eight Lakh Forty-Five Thousand Three Hundred Seventy-Five only) Equity Shares of Hindustan Petroleum Corporation Limited ("HPCL"), representing 51.11 % of the total paid up share capital of HPCL, to ONGC .

This is submitted for your information and records.

Attachments

Share purchase Notice_SGX.pdf
Total size =480K