ONGC acquires Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited

ONGC agreed to acquire Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited. Reported deal value: Undisclosed. Status: Completed. Sector: Logistics/Transportation. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-01-22. Figures and status may change as filings and press coverage update.

Oil and Natural Gas Corporation Limited on Thursday, January 22, said it has completed its equity investment in two joint venture companies formed with Japan Mitsui O.S.K. Lines Ltd, strengthening its logistics capabilities for ethane transportation to India .In a regulatory filing, ONGC said it has been allotted 2,00,000 equity shares each in Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited , at a face value of ₹100 per share, through private placement