Mangalore Refinery and Petrochemicals Limited (MRPL) has disclosed its shareholding details through promoter Hindustan Petroleum Corporation Limited (HPCL) under the SEBI Takeover Regulations. HPCL submitted the disclosure to BSE and NSE on June 5, 2026. The disclosure, dated April 8, 2026, reports the shareholding position of the promoter group as of March 31, 2026.
As of March 31, 2026, HPCL held 29,71,53,518 equity shares in MRPL, representing 16.96% of the paid-up share capital. Oil and Natural Gas Corporation Limited (ONGC) held 125,53,54,097 equity shares in MRPL, equivalent to 71.63% of the paid-up share capital. HPCL is the promoter of MRPL.
Cumulatively, HPCL along with ONGC held 1,55,25,07,615 equity shares in MRPL. This combined promoter group holding represents 88.58% of the total paid-up share capital of MRPL.
The disclosure confirms no encumbrance exists on the equity shares held by HPCL and ONGC in MRPL as of March 31, 2026. The filing states there is no pledge, lien, or any other form of encumbrance, directly or indirectly, on the shares held by either promoter entity.
The filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters of listed companies to disclose their shareholding and encumbrances as of the end of each financial year. The disclosure was also placed before the audit committee of MRPL.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.