Oil India board OKs issue of up to Rs. 40 billion debt securities

By Sarah Lizee

Olympia, Wash., Nov. 19 – Oil India Ltd. informed the Bombay Stock Exchange that its board of directors met on Monday and approved an issue of up to Rs. 40 billion debt securities.

The securities may be issued in an equivalent amount in another currency, according to the notice.

Oil India is public sector hydrocarbon exploration and production company based in Duliajan, India.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.