(a) the percentage of equity held by the Government in Oil India Limited (OIL);
(b) whether the Government has decided to offload certain quantity of equity in OIL;
(c) if so, the details thereof and the reasons therefor; and
(d) the likely amount to be added to the exchequer by offloading the said quantity of equity?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SMT PANABAAKA UVKSHMI)
(a) At present, Government holds 68.43% equity in Oil India Limited (OIL).
(b) to (d) As per the disinvestment policy of the Government of India, 10% paid-up equity
capital of Oil India Limited (OIL) was disinvested on 01.02.2013 through Offer for Sale
(OFS) method. The total amount realized in the transaction was Rs. 3141.51 crore.