BPCL to acquire 40% stake in Tiki Tar and Shell India for Rs 85 crores to strengthen Value-Added Bitumen business

Bharat Petroleum Corp. Ltd. has signed an agreement with Tiki Tar and Shell India Pvt. Ltd, to acquire 40 per cent equity stakes in the joint venture company, for a cash consideration of Rs. 85 crores, BPCL informed the bourses on Monday.

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