Manali Petrochemicals Limited — Others, 27-06-2025: Disclosure under SEBI Takeover Regulations

Tamilnadu Industrial Development Corporation Limited (TIDCO), a promoter group of Manali Petrochemicals Limited, has confirmed it has not created any encumbrance on its holding of 1.12 crore shares, representing 6.52% stake in the company. This assurance signals stability in promoter shareholding without any lien or charge on these shares, which supports shareholder confidence in the promoter’s commitment to the business.