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ONGC Establishes Petrochemicals Marketing JV, Subscribes ₹25 Crore For 50% Stake

Mumbai: Oil and Natural Gas Corporation (ONGC) announced on Wednesday the incorporation of ONGC Petrochemicals Marketing Limited (OPML) as a public limited company on 7 October 2026. ONGC has acquired a 50 per cent equity share capital in OPML, amounting to 2,50,00,000 equity shares of ₹10 each, for a total consideration of ₹25 crore. Joint Venture Structure OPML is a joint venture company with…

Free Press Journal 8/10/2026, 1:23:43 pm IST

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