New Member
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hi, i have 400 shares of BRPL, but after merger with IOC, i did not get any IOC share... Read full message
3.56 PM May 5th 2009  | Track
Replies (13)
New Member
0 Follower
hi, i have 400 shares of BRPL, but after merger with IOC, i did not get any IOC shares till date.

Does anybody get the IOC shares?
3.56 PM May 5th 2009
New Member
0 Follower
No not yet still awaiting for the news to come.
Does anybody know anything regarding the subject matter
5.53 PM May 6th 2009
New Member
0 Follower
hi,
The BRPL shareholder will get the IOC shares on 15-May-09 as replied by the karvy:

Dear Investor,

Unit : BONGAIGAON REFINERY & PETROCHEMICALS LTD


IOCL shares will be credited in your account on 15-05-2009

Regards,
Customer Care
Karvy Computershare Pvt Ltd
8.04 PM May 13th 2009
Platinum Member
20 Followers
IOC shares got creditted, not yet cash component for the remainder odd holding of Bongaigaon Refinery, that cash component too should have been creditted simultaniously, am I right ?
11.27 AM May 16th 2009
New Member
0 Follower
How cash component will get calculated??
12.17 PM May 18th 2009
New Member
0 Follower
U would get a cheque for the remaning share

I have been told this by others
12.30 PM May 18th 2009
Platinum Member
20 Followers
Thanks for the information. By the way, is the IOC share (that the Bongaigaon Refinery share holders have been credited with) now tradeable on the bourses ? Probably may not be so.
10.08 PM May 21st 2009
Platinum Member
20 Followers
1.Probably the average price of the IOC share over a specific pre-determined period multiplied by the fraction of the IOC share entitled for in lieu of the odd remainder shares of the Bongaigaon Refinery 2.or the average price of the Bongaigaon Refinery shares over a specific pre-determined period prior to merger multiplied by the odd remainder shares of the Bongaigaon Refinery.
Frankly I do not know exactly.
11.18 PM May 21st 2009
Gold Member
6 Followers
you can trade
11.09 AM May 22nd 2009
Platinum Member
20 Followers
Thanks, when IOC goes up adequately I can take a chance.
5.28 PM May 22nd 2009
New Member
0 Follower
I don`t know anything with this regard as I have not yet been credited with the IOC shares
2.11 PM May 25th 2009
Silver Member
1 Followers
ioc shares credited in your demat account
5.47 PM May 27th 2009
Silver Member
1 Followers
Yes...got IOC shares credited to my ICICIDirect account in lieu with Bongaigaon....
10.14 PM May 27th 2009
Silver Member
1 Followers
yes i got
5.49 PM Nov 23rd 2009
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