CPCL Engineer Mechanical Paper 2001 | 56013

CPCL  Engineer Mechanical Previous Paper:

CPCL  Engineer Mechanical Paper In 1985, AMOCO disinvested in favour of GOI and the shareholding percentage of GOI and NIOC stood revised at 62% and 15.38% respectively. Later GOI disinvested 16.92% of the paid up capital in favor of Unit Trust of India, mutual funds, insurance companies and banks on 19 May 1992, thereby reducing its holding to 67.7%. The public issue of CPCL shares at a premium of Rs. 70 (Rs. 90 to FIIs) in 1994 was oversubscribed to an extent of 27 times and added a large shareholder base of over 90000.

As a part of the restructuring steps taken up by the Government of India, Indian Oil Corporation Limited (IOCL) acquired equity from GOI in 2000-01. Currently IOC holds 51.88% while NIOC continued its holding at wax and petrochemical feedstocks production facilities.

The crude throughput for 2016-17 was 10.256 million metric tonnes (MMT). The company’s turnover for 2016-17 was Rs.40586 crores and the profit after tax was Rs.1030 crores & the crude throughput for 2017-18 was 10.789 million metric tonnes (MMT). The company’s turnover for 2017-18 was Rs.44134 crores and the profit after tax was Rs.912.93 crores.

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