New Delhi: Stock market regulator Securities and Exchange Board of India (SEBI) has been asked to investigate the fall in share prices of oil PSUs (Public Sector Undertakings) Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) just before the September 7 meeting of the Cabinet Committee on Disinvestment (CCD), the Lok Sabha was informed on December 17.

"The details of the investigation are awaited," Disinvestment Minister Arun Shourie said in a written reply to the Lower House of Parliament.

CCD had on September 7 deferred a decision on selling government shareholding in HPCL and BPCL for three months, pending a consensus on the mode and quantum of divestment.

PTI