BPCL Trust to sell up to 2% stake to employees

Part of its divestment process, state-run refiner Bharat Petroleum Corporation (BPCL)’S board on Friday approved a scheme to sell certain shares from the BCPL Trust of Investment in Shares, to its employees through a new trust mechanism. According to people in the know, up to 2 per cent stake will be offered to employees and at a discounted price.