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Sunday 26 August 2018

Shell reduces stake in Mahanagar Gas to 10 percent




Royal Dutch Shell plc, through its wholly-owned subsidiary BG Asia Pacific Holdings Pte Ltd (BGAPH), has reduced its stake in the publicly-listed Mahanagar Gas Limited (MGL) from 24 percent to now 10 percent.
Shell believes that India offers a vast opportunity for growth for Shell’s businesses and we will continue to pursue opportunities which can enhance Shell footprint in the country, said Shell in a statement.

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