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Energy

Oil India Ltd to buy back 4.45% shares for Rs 1,085 crore

Updated : November 23, 2018 05:13 PM IST

In a regulatory filing, OIL said its board has approved buyback of shares at an aggregate of no more than 10 percent of the fully paid-up equity share capital and free reserves of the company.
The nation's second large oil explorer had a little less than Rs 20,000 crore of reserves.
Oil India Ltd to buy back 4.45% shares for Rs 1,085 crore
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