Ioc Rights Issue 2024. (ioc) has informed the exchanges that it has withdrawn the proposed rights issue of ₹22,000 crore. In a stock exchange filing, ioc said its board has approved ''raising of capital by way of issue of equity shares on rights basis up to an amount not exceeding rs 22,000 crore, subject to.

Indian oil corporation (ioc), the nation’s top oil firm, plans to raise rs 22,000 crore capital through a rights issue of equity shares as part of a government’s plan to infuse capital. Indian oil corporation’s shares fell 1% after announcing the withdrawal of its rs 22,000 crore rights.