ALPHA TRIBE

Manali Petrochemicals LimitedBoard Meeting, 11-08-2025: Outcome of Board Meeting

11-08-2025 | 06:29 pm

Manali Petrochemicals' Board has announced its Q1 FY26 results. Consolidated revenue came in at ₹234.67 Cr, with profit increasing to ₹14.34 Cr. The Board has already proposed a dividend of ₹0.50 per share, subject to shareholder approval at the AGM on September 16, 2025. New Cost and Secretarial Auditors were appointed, and an Independent Director resigned. A significant insurance claim of ₹21.83 Cr for flood damages is under assessment, and lease renewal for a key manufacturing unit awaits government nod, both with unascertained financial impact.

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