Indian Oil's board to meet on this date to consider rights issue
Indian Oil right issue: Board of Indian Oil Corporation (IOC) has scheduled a board meeting on Friday, July 7 to consider raising capital through the rights issue of equity shares. This is part of a government’s plan to infuse capital into three state-owned fuel retailers to fund their net zero carbon emission projects.
Indian Oil right issue: Board of Indian Oil Corporation (IOC) has scheduled a board meeting on Friday, July 7. Image: Reuters