Manali Petrochemicals Limited — Important, 12-03-2025: General Updates

A further equity investment of ₹8.82 crore has been made by Manali Petrochemicals in Amplus Iru Private Limited, following an earlier investment of ₹2.63 crore. This additional funding is aimed at ensuring compliance with the captive status under the Electricity Act, 2003. As a result, the company's equity holding in Amplus Iru now stands at 2.57%, remaining well within the regulatory limit of 5%. This strategic investment reflects Manali Petrochemicals' commitment to integrating renewable energy sources, which may positively impact its operational efficiency and sustainability initiatives moving forward. Investors should keep an eye on how this partnership develops, as it could enhance the company's long-term value proposition.