Mangalore Refinery and Petrochemicals Limited — Others, 25-06-2025: Disclosure under SEBI Takeover Regulations

ONGC, as the promoter of Mangalore Refinery and Petrochemicals Ltd (MRPL), along with its subsidiary HPCL, holds a combined 88.58% stake in MRPL. ONGC directly owns 71.63%, while HPCL holds 16.96% of MRPL’s equity shares. There were no encumbrances on these shares during the financial year. This strong shareholding underscores ONGC’s significant control and influence over MRPL’s operations and strategic decisions, reinforcing its position in the refinery and petrochemicals sector.