Bharat Petroleum acquires full ownership of IBV Brasil Petroleo Limitada
Bharat Petroleum Corporation · Petroleum Products
Key highlights
- BPRL Ventures BV increased shareholding in IBV from 60.86% to 100% on 01.07.2026
- Acquisition cost ₹2,312 crore paid in cash, acquiring additional 39.14% shares
- IBV is an oil & gas exploration company in Brazil with nil turnover for 2023-2025; regulatory approvals from DIPAM & NITI Aayog received
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Bharat Petroleum Corporation
- Acquisition / mergerNotableBharat Petroleum Corporation Ltd. approves incorporation of wholly owned subsidiary
- Fundraise / allotmentNotableBharat Petroleum approves raising up to ₹5,000 crore via NCDs in 2026-27
- Financial resultsMajor development· Adverse for the businessBharat Petroleum Corporation Limited reports net loss for quarter ended 30 June 2026
- Acquisition / mergerNotableBPCL subsidiary completes acquisition of IBV Brasil Petroleo Limitada
- Acquisition / mergerNotableBharat Petroleum completes acquisition of Videocon's stake in IBV Brazil Petroleo
Other acquisition / merger filings this fortnight
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
- Jubilant Ingrevia Limited updates on acquisition of 40% stake in Zettaone Technologies
- NHC Foods approves quarter results, 99.98% Sachmaas Foods investment, two appointments
Potential multibaggers · Q2 FY27
Potential multibaggers in Petroleum Products
on management's own guidance
- Arabian PetroleumGood growth2
- Continental PetroleumsGood growth1
- Gulf Oil Lubricants IndiaModerate growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.