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Petroleum Trust stake sale
-
US$750.00 m
Entry date
- Thursday, 14 January 2010
Jurisdiction
- India
Practice
- Equity Market
Reliance Industries' Petroleum Trust in block trade share issue
Back
Firm
- Davis Polk & Wardwell
Client
- Petroleum Trust
Lead Lawyers
- Kirtee Kapoor
Role
- Counsel to issuer
Deal summary
Reliance Industries'' Petroleum Trust in block trade share issue of 33m equity shares of Reliance Industries
UBS Securities India Private Limited acted as broker for the transaction.
Petroleum Trust formed in 2002 as part of scheme of amalgamation of Reliance Petroleum with Reliance Industries.
Third stake sale by Petroleum Trust in RIL
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