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VERIFIEDET Finance·neutral
BPCL to buy 40% stake in Tiki Tar and Shell India for Rs 85 crore
AI Summary
- ·BPCL will acquire a 40% stake in Tiki Tar and Shell India for Rs 85 crore.
- ·The acquisition aims to strengthen BPCL's position in the value-added bitumen market.
- ·Tiki Tar and Shell India manufactures and markets specialized bitumen products and exports to neighboring countries.