New Launch26 Feb 2026, 04:52 pm
Bharat Petroleum Corporation Ltd Incorporates Wholly Owned Subsidiary in Singapore
AI Summary
Bharat Petroleum Corporation Ltd (BPCL), a Govt. of India Enterprise, has incorporated a wholly owned subsidiary, Bharat Petroleum Global Energy Services (Singapore) Pte. Ltd., on 26th February 2026, in Singapore. The new subsidiary is set up to establish a trading desk for trading in Crude Oil, Natural gas, Petroleum and other Petrochemical products, and for carrying out associated activities. The subsidiary has an issued share capital of USD 2 Million, with 100% shareholding held by BPCL.
Key Highlights
- Bharat Petroleum Corporation Ltd has incorporated a wholly owned subsidiary, Bharat Petroleum Global Energy Services (Singapore) Pte. Ltd.
- The new subsidiary is set up in Singapore to establish a trading desk for trading in Crude Oil, Natural gas, Petroleum and other Petrochemical products.
- The subsidiary has an issued share capital of USD 2 Million, with 100% shareholding held by BPCL.
- The new subsidiary is expected to carry out associated activities.
- The incorporation is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.