BPCL to buy 40% stake in Tiki Tar and Shell India for Rs 85 crore
Published on: June 29, 2026, 2:47 p.m. | Source: The Economic Times
Bharat Petroleum Corporation is set to acquire a 40% stake in Tiki Tar and Shell India for Rs 85 crore, bolstering its presence in India's expanding value-added bitumen market. This strategic move, approved by DIPAM, aims to capitalize on the nation's infrastructure growth. Tiki Tar and Shell India, a manufacturer and marketer of specialized bitumen products, also exports to neighboring countries.
