NSEGeneral Updates1 Jul 2026 · 1 Jul 2026, 05:43 pm

General Updates

Bharat Petroleum Corporation Limited · BPCL

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Bharat Petroleum Corporation Limited has informed the Exchange about General Updates regarding the acquisition of entire stake held by Videocon Energy Brazil Limited in IBV Brazil Petroleo Limitada by BPRL Ventures BV, an indirect wholly owned subsidiary of BPCL, in the Corporate Insolvency Resolution Process of VOVL Ltd.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Bharat Petroleum Corporation Limited has informed the Exchange about General Updates

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BPCL22_01072026174300_stexintimationBPRL_revisedsigned.pdf

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3-TmT qs:)~~~ ctSTYl~~ToT f&tf?i"e.s BHARAT PETROLEUM CORPORATION LTD. 3mo:mcl5R<l5T~ A Govt. of India Enterprise Sec.3.4. 1st July 2026 The Secretary, The Secretary, BSE Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, Plot No C/1, G Block, Street, Mumbai 400 001 Bandra-Kurla Complex, Mumbai 400051 BSE Scrip Code: 500547 NSE Symbol: BPCL Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 This is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our earlier intimation dated 27th June 2024 regarding NCLT order approving the acquisition of entire stake held by Videocon Energy Brazil Limited (VEBL) in IBV Brazil Petroleo Limitada (a joint venture between BPRL Ventures BV and Videocon Energy Brazil Limited), by BPRL Ventures BV (an indirect wholly owned subsidiary of BPCL), in the Corporate Insolvency Resolution Process of VOVL Ltd. (VOVL). All requisite approvals as mandated by Govt. of India have been received in this regard. We hereby inform you that BPRL Ventures BV has now executed definitive agreements for the acquisition of the entire shareholding of VEBL in IBV Brazil Petroleo Limitada, in accordance with the Corporate Insolvency Resolution process of VOVL. The acquisition is subject to necessary registration by the appropriate authorities in Brazil. Immediately prior to the execution of the definitive agreements, BPRL Ventures BV was holding 65.40% of the shareholding in IBV Brazil Petroleo Limitada and on completion of the aforesaid acquisition, IBV Brazil Petroleo Limitada shall become a wholly owned subsidiary of BPRL Ventures BV. IBV Brazil Petroleo Limitada holds participating interests in oil and gas concessions in Brazil including BM- Seal- 11 concession, which is currently progressing with development activities and the aforementioned transaction will support the energy security of the nation. Further details of the acquisition will be filed after the necessary registrations for the transaction are completed. We request you to kindly take the above on record. Thanking you, Yours faithfully, For Bharat Petroleum Corporation Limited (V. Kala) Company Secretary mw 'lw.,, 4 ~ 6, c!RTBm-U" '15. ~ ~-~ <ITTffi w. 688. 1~-400 001. w,,: 2271 3000/4000. ~: 2271 387 4 Bharat Bhavan, 4 & 6. Curnmbhoy Road, Ballard Estate, P. B. No.688, Mumbai-400 001. Phone: 2271 3000/4000. Fax: 22713874 Pma:I: info@bharatpetroleum.in website-www.bharatpetroleum in C\N: L23220MH1952GOI008931