Acquiring Company
Indian Oil Company Limited
Acquired Company
Indian Refineries Limited
Andaman And Nicobar IslandsIndiaEnergyOil And GasEnergyOil And GasDescription
On 1 September 1964, Indian Oil Company Limited merged with Indian Refineries Limited, creating Indian Oil Corporation Limited. This merger marks a pivotal moment in India's energy history. The new company aimed to ensure energy availability and national self-reliance. It became India's first major integrated oil refining and marketing company.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Indian Refineries Limited?
Indian Refineries Limited was acquired by Indian Oil Company Limited, based in Andaman And Nicobar Islands. The deal was reported on September 1, 2026. Indian Oil Company Limited was established in 1959 for the marketing of petroleum products. It played a significant role in the development of India's energy infrastructure. Indian Oil Company Limited is privately held and operates in Energy.
When did Indian Oil Company Limited acquire Indian Refineries Limited?
Indian Oil Company Limited's acquisition of Indian Refineries Limited was reported on September 1, 2026. On 1 September 1964, Indian Oil Company Limited merged with Indian Refineries Limited, creating Indian Oil Corporation Limited. This merger marks a pivotal moment in India's energy history. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Indian Refineries Limited do?
Indian Refineries Limited was established in 1958 focusing on refining oil. It contributed to the early establishment of India's energy sector. The company was merged with Indian Oil Company Limited to form a larger entity. It is privately held, operating in Energy, and is based in India.
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