CPSE to CPSE Sale  
(as on 05 February 2012)
 
Sale of Entire Shareholding (with post-transaction equity of the Government becoming NIL)
SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED (Rs. crore) % RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 BONGAIGAON REFINERY & PETROCHEMICALS LTD.
2000-01 INDIAN OIL CORP.LTD. 74.46 148.80 0.00 GOI
2 KOCHI REFINERIES LTD.
2000-01 BHARAT PETROLEUM CORP.LTD. 55.04 659.10 0.00 GOI
3 MADRAS REFINERIES LTD.
2000-01 INDIAN OIL CORP.LTD. 51.81 509.33 0.00 GOI
          SUB TOTAL 1317.23  
 
Sale of Majority Shareholding (with post-transaction equity of the Government becoming less than 50% and the Government losing management control)
SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED (Rs. crore) % RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 IBP CO.LTD.
2001-02 INDIAN OIL CORP.LTD. 74.00 1153.68 26.00 GOI
          SUB TOTAL 1153.68  
 
Sale of Minority Shareholding (with pre-transaction and post-transaction equity of the Government being more than 50% with the Government retaining management control)
SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED (Rs. crore) % RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 GAIL (INDIA) LTD.
1998-99 OIL & NATURAL GAS CORP.LTD. & INDIAN OIL CORP.LTD. 9.67 488.78 83.32 GOI
2 INDIAN OIL CORP.LTD.
1998-99 OIL & NATURAL GAS CORP.LTD. 11.16 1209.00 83.66 GOI
3 INDIAN OIL CORP.LTD.
1999-00 OIL & NATURAL GAS CORP.LTD. 1.50 162.79 82.16** GOI
4 OIL & NATURAL GAS CORP.LTD.
1998-99 INDIAN OIL CORP.LTD. 14.03 2484.96 85.32 GOI
5 OIL & NATURAL GAS CORP.LTD.
1999-00 INDIAN OIL CORP.LTD. 1.67 296.48 83.64 GOI
6 OIL INDIA LTD.
2009-10 07/09/2009 INDIAN OIL CORP.LTD., HINDUSTAN PETROLEUM CORP.LTD. & BHARAT PETROLEUM CORP.LTD. 10.00 2247.05 78.43 GOI
          SUB TOTAL 6889.06  
          GRAND TOTAL 9359.97