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

Mylapore

Chennai,  600 004

India

Founded in 1991

Phone:

91 44 2843 1000

Fax:

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.

Similar Private Companies By Industry

Company Name Region
ACB (India) Ltd. Asia
Advanced Biodiesel Limited Asia
ArstaEco Pvt. Ltd. Asia
Bajrang Petroleum Private Limited Asia
Balaji Coke Industry Pvt. Ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 8, 2016
--
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Nagarjuna Oil Corporation Limited, please visit www.nocl.co.in. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.