Bharat Petroleum Corporation Limited (BPCL) — Announcement
Bharat Petroleum Corporation Limited announced on 29 June 2026 that it has signed an agreement to acquire a 40% equity stake in Tiki Tar and Shell India Private Limited (TTSIPL) for Rs.85 crores in cash. The target, incorporated in October 2019, operates in bitumen marketing and processing with recent turnover of Rs.317.76 crore (2024), Rs.545.16 crore (2025) and Rs.404.60 crore (2026). The acquisition requires DIPAM approval and has a 90-day completion timeline. This strategic move aims to capture India's growing value-added bitumen market for infrastructure development. The deal is non-related-party and will be funded entirely through cash consideration.
About Bharat Petroleum Corporation Limited (BPCL)
Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE
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📊 More BPCL filings
- 🟡 Voting Results — 7 July 2026 No summary available
- share transfer — 7 July 2026 No summary available
- 🟡 Related Party Transaction — 2 July 2026 Bharat Petroleum Corporation Limited announced the completion of its acquisition of IBV Brasil Petro...
- Announcement — 1 July 2026 Bharat Petroleum Corporation Limited announced the superannuation of Executive Director (Corporate A...
- regulation 31 — 1 July 2026 Bharat Petroleum Corporation Limited disclosed a SEBI Regulation 31(4) declaration confirming the Go...
🔥 Also filed on 29 June 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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