Incorporation of ONGC Petrochemicals Marketing Limited (OPML)
Incorporation of ONGC Petrochemicals Marketing Limited (OPML) on 07 October 2026 as a JV by ONGC (50%), MRPL (25%), and OPaL (25%). OPML will focus on integrated marketing and trading of petrochemicals and related products. ONGC subscribed ₹25 crore for 50% equity at face value. The JV aims to create a unified platform for marketing, distribution, and sales within ONGC Group's downstream and petrochemicals business. Regulatory approvals obtained.
Source: Original filing PDF
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