Indian petrochemicals corporation limited (ipcl) was a petrochemicals company in india rpil acquired an additional 20% equity shares through a cash offer in terms of sebi (takeover ipcl merged with reliance industries ltd in 2007.
Ril-ipcl merger becomes effective rpil acquired an additional 20% equity shares through a cash offer in terms of sebi and currently holds. The acquisition of 26 per cent equity stake in indian petrochemicals corporation ltd (ipcl) by reliance industries from the government is a.
Read more about ipcl set to merge with reliance industries on business standard move to add more than rs 11000 crore to ril's balance. The recent acquisition of a controlling stake in the public sector petrochemical major, indian petrochemicals corporation limited (ipcl), by the reliance group .