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