Manali Petrochemicals Limited — Updates, 29-07-2025: Press Release

Manali Petrochemicals (MPL) has signed a non-binding Memorandum of Understanding (MoU) with Chennai Petroleum Corporation (CPCL). This strategic collaboration aims to foster mutual growth and innovation for both companies. MPL, a leading petrochemical manufacturer and part of the USD 2+ billion AM International Group, is actively exploring new business development avenues. This initial step could signify future operational synergies and expansion opportunities. Investors should monitor for further developments from this strategic partnership.