Company

ONGC Mangalore Petrochemicals Ltd (OMPL)

Trade risk

India.

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Summary

ONGC Mangalore Petrochemicals is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business. (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2019_06_04_Web_Update_PFIA_Prohibited_List.pdf?ver=2019-06-04-162911-617) (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2019_07_12_Web_Update_PFIA_Prohibited_List.pdf?ver=2019-07-12-114201-343)

Following the removal from the Florida list on September 24, 2019, South Dakota Investment Council also removed ONGC Mangalore from its Iran Scrutinized Companies list effective November 21, 2019.  (https://mylrc.sdlegislature.gov/api/Documents/RequiredReport/125266.pdf?Year=2020)

ONGC Mangalore Petrochemicals Ltd is listed on the Alaska Retirement Management Board's March 2019 and June 2019 list of companies doing business with Iran. (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%203-31-19.pdf) (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%206-30-19.pdf)

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