PCCKL TURNS WHOLLY OWNED SUBSIDIARY OF BPCL
29 Jul 2016 | BPCL
Petronet CCK Ltd., (PCCKL) established by BPCL as a joint venture with Petronet India Ltd. has become a wholly owned subsidiary of BPCL this month, after shares in this Company held by PIL and institutional investors were bought by BPCL. PCCKL Board in its meeting held on 25th July 2016 declared a special interim dividend of 90%.
Mr. S P Gathoo, Director (HR), who is also the Chairman of PCCKL, handed over the dividend warrant to Mr. S. Varadarajan, Chairman & Managing Director, BPCL in the presence of Mr. P Balasubramanian, Director (Finance), Mr. S Ramesh, Director (Marketing), Ms. Dipti Sanzgiri, ED (IT) and Board member PCCKL, Mr. N. Vijayagopal (Managing Director, PCCKL )and Mr. P.M.Thomas (Independent Director, PCCKL) at the office of PCCKL in Kochi, Kerala.
Know more about our Joint Ventures: https://bharatpetroleum.com/Our-Businesses/bpcl-group.aspx
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