News Release Details

Clarification from IndianOil on news reports
New Delhi   08-Apr-2016
This is with respect to news reports under circulation in the media that Indian Oil Corporation Ltd. is considering buying equity stake in the Cuddalore Refinery of Nagarjuna Oil Corporation.

Kindly note that this news item is totally baseless and speculative in nature. There is no such proposal under consideration by IndianOil at present.

In order to give the correct picture to your valued readers, we request you to kindly carry the above clarification prominently today so that the facts are brought to the notice of one and all.