40th AGM held; FY26 income up to Rs 822 cr; 10 percent dividend recommended
MANALIPETC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 1.5 pts less than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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40th AGM of Manali Petrochemicals held on 28 Sep 2026 via video conferencing. Standalone total income rose to Rs 822 cr from Rs 669 cr in FY25. Propylene Glycol capacity expanded to 72,000 TPA. Dividend of 10 percent, totalling Rs 8.60 cr, recommended. New Gujarat facility planned; PennWhite India plant inaugurated in April 2026. UK unit Notedome divested. RPT of Rs 150 cr with Tamilnadu Petroproducts approved.
Strong FY26 performance with capacity expansion and dividend signals positive momentum. Gujarat expansion offers future growth potential.