India: Essar Oil completes delisting process

India: Essar Oil completes delisting process

Visual from Essar website

Essar Oil Ltd, which runs India’s second biggest private sector refinery at Vadinar in Gujarat on Wednesday said it has completed the process of delisting from the stock exchanges.

The company offered Rs.262.80 per share to its public shareholders, an 80% premium to the floor price of Rs.146.05 per share, Essar Oil said in a statement.

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