IOC shareholders & creditors approve Scheme of Amalgamation
Indian Oil Corporation Ltd (IOC) has informed BSE that the Shareholders, Secured Creditors and Unsecured Creditors of the Company at its meetings were convened as per the orders of the Ministry of Corporate Affairs (the competent authority to approve amalgamation of Govt. Companies) held on February 22, 2008 have approved the Scheme of Amalgamation for merger of Bongaigaon Refinery & Petrochemicals Ltd. (BRPL) with Indian Oil Corporation Ltd.
Tags: IOC shareholders