NSEGeneral Updates23 Jun 2026 · 23 Jun 2026, 06:02 pm

General Updates

Hindustan Petroleum Corporation Limited · HINDPETRO

✦ AI Summary▲ PositiveExpansion

Hindustan Petroleum Corporation Limited (HPCL) announced that its joint venture, HPCL Rajasthan Refinery Limited (HRRL), achieved the Actual Date of Commencement of Commercial Operations on June 22, 2026. This milestone follows the earlier start of its Crude Distillation Unit and other downstream units. State Bank of India, the lead banker, has confirmed the declaration, fulfilling the terms of the Rupee Term Loan Facility Agreement. This signifies the project's readiness for commercial production, expected to contribute significantly to HPCL's future revenue and growth.

Analysis Scores

Earnings Impact9/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment9/10

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Hindustan Petroleum Corporation Limited has informed the Exchange about General Updates

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HINDPETRO1_23062026180155_HRRL_Stock_Exchanges_Intimation_23062026_signed.pdf

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Ref.: Co.Secy./RKS/216/2026 June 23, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 500104 Sub.: Intimation to the Stock Exchanges on achieving Commercial National Stock Exchange of India Limited Operations of HRRL Refinery Exchange Plaza, 5th Floor, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra East, Mumbai – 400 051 Scrip Name: HINDPETRO Dear Sir/Madam, This is further to our earlier communication dated 18th June’ 2026 regarding the commencement of operations of Crude Distillation Unit (CDU) and other downstream Units of HPCL Rajasthan Refinery Limited (HRRL), a JV Company of Hindustan Petroleum Corporation Limited (HPCL). We wish to inform that, in accordance with the terms and conditions stipulated under the Rupee Term Loan Facility Agreement, HRRL has declared to the Lead Banker, State Bank of India (SBI), that the Project has achieved the Actual Date of Commencement of Commercial Operations on 22nd June’ 2026. Further to this, SBI has confirmed vide its letter dated 23rd June’ 2026 that it has taken on record the said declaration of Actual Date of Commencement of Commercial Operations. The above is a major milestone achieved by HRRL. HPCL wishes to thank MoPNG, Govt. of India, Govt. of Rajasthan and all our partners/stakeholders who have contributed to the journey of HRRL. This is for your information and records. Thanking you, Very truly yours, Rakesh Kumar Singh Company Secretary