July 27, 2017 3:09 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Nagarjuna Oil Corporation Limited

Company Overview

Nagarjuna Oil Corporation Limited owns and operates a petroleum refinery in India. It refines and exports crude petroleum. Nagarjuna Oil Corporation Limited was formerly known as Pennar Refineries Ltd. The company was incorporated in 1991 and is based in Chennai, India.

MD Chambers

Old No.31, New No.53

Dr. Radhakrishnan Salai


Chennai,  600 004


Founded in 1991


91 44 2843 1000


91 44 2843 1019

Key Executives for Nagarjuna Oil Corporation Limited

Chief Executive Officer, Managing Director and Director
Age: 63
Company Secretary
Compensation as of Fiscal Year 2017.

Nagarjuna Oil Corporation Limited Key Developments

Nagarjuna Oil Not To Divest Stake In Cuddalore Refinery To Netoil

Board of Directors of Nagarjuna Oil Refinery Limited (BSE:534184) has decided not to sell Nagarjuna Oil Corporation Limited to Netoil (Singapore) (PTE) Ltd. Nagarjuna Oil Refinery holds 47% stake in Nagarjuna Oil Corporation.

Nagarjuna Oil Refinery Looking For Investors To Take Over Cuddalore Project

The Board of Directors of Nagarjuna Oil Refinery Limited (BSE:534184) which holds 46.78% stake in Nagarjuna Oil Corporation Limited has said that the company is in talks with various potential investors interested in investing in the six-million-tonne petroleum refinery project of NOCL.

Netoil Commence Due Diligence For Acquisition Of Nagarjuna Oil

On September 8, 2015, the Board of Directors of Nagarjuna Oil Refinery Limited (BSE:534184) noted that Netoil (Singapore) (PTE) Ltd has commenced due diligence of Nagarjuna Oil Corporation Limited. On completion od due diligence Netoil (Singapore) would acquire the entire equity capital of Nagarjuna Oil, subject approval from lenders and shareholders.

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Recent Private Companies Transactions

November 8, 2016

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