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Incorporated in 1986, Manali Petrochemicals Limited manufactures and sells Propylene Oxide (PO), Propylene Glycol (PG) and Polyols (PY), which are used as industrial raw materials. Located in Chennai, the company is the only domestic manufacturer of Propylene Glycol. Also, it is the first and largest Indian manufacturer of Propylene Oxide which is the input material for the aforesaid derivative products.
Manali Petrochemicals has confirmed 21st September 2026 as the record date for its FY 2025-26 dividend payment. Investors must hold shares by this date to be eligible for the dividend.
Manali Petrochemicals extended its PR consultancy agreement with Fortuna Public Relations for two years, till March 31, 2028. FPRPL will continue to manage media, investor relations, and corporate image. This ensures ongoing professional communication support.
Manali Petrochemicals' UK step-down subsidiary is reactivated only to receive tax refunds. No other business will be conducted, and it will be voluntarily closed after. This has no financial impact for shareholders.
Manali Petrochemicals processed the transfer of 150 physical equity shares (FV Rs.5) for a shareholder. All required procedures were completed, including public advertisement, with no opposition received.
Manali Petrochemicals (MPL) inked a deal with Chennai Petroleum (CPCL) for CPCL to utilize MPL's Plant-I loading facilities. This operational development enhances asset utilization and potentially opens a new revenue stream for MPL.