Oil and Natural Gas Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MRPL · price
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Awaiting price reaction for this filing.
ONGC, the promoter of MRPL, has filed its annual disclosure under SEBI Takeover Regulations for FY ending 31 March 2025. ONGC directly holds 125.53 crore shares (71.63%) in MRPL, while its subsidiary HPCL holds an additional 29.72 crore shares (16.96%). Together, ONGC and HPCL control 88.58% of MRPL's paid-up share capital. The filing also confirms there was no encumbrance (pledge or lien) on any of these shares during the entire financial year.
This is a routine annual regulatory disclosure and not a new corporate action. For shareholders, it confirms that the promoter group's grip on MRPL remains very strong at nearly 89%, with no pledging of shares. The news is neutral for the stock price but reassures investors about promoter stability.