Manali Petrochemicals Limited — Others, 05-02-2025: Change in Management

Manali Petrochemicals has announced a board meeting outcome highlighting key developments. The board approved the unaudited financial results for the quarter and nine months ended 31 December 2024. Additionally, Mr. Hugo Chardon has been appointed as a Non-executive Non-Independent Director, while Mr. Niranjhan Srinivasan joins as a Non-executive Independent Director. Mr. R Chandrasekar has been elevated to Managing Director & CEO of the MPL Group, and Mr. G R Sridhar's designation has changed to Head of Plant Operations. The company is also set for a postal ballot to seek shareholder approval for these appointments and changes. These updates may enhance governance and strategic direction, potentially fostering investor confidence in the company's growth trajectory.