Ioc Rights Issue Price 2024. Indian oil corporation (ioc), the nation's top oil firm, plans to raise capital through rights issue of equity shares as part of a government's plan to infuse capital into three state. After a board meeting held on september 30, 2024, ioc decided to cancel the rights issue.

Despite the announcement of the withdrawn rights issue, ioc’s stock has demonstrated resilience, closing flat at rs 180.15 per share on the national stock exchange. Indian oil shares drop after co withdraws rs 22,000 crore rights issue.