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BPCL okays 2.25:1 ratio for KRL merger.

Chemical Business Newsbase

| March 31, 2005 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Chemical Business (India))

The board of Bharat Petroleum (BPCL) has approved a swap ratio of 2.25:1 for the company's merger with Kochi Refineries (KRL). The ratio allows a KRL shareholder to get one BPCL share for every 2.25 KRL …

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