MANALIPETCBSEManali Petrochemicals LtdHighNeutral
Announced Thu, 21 May · 19:18 IST

As per letter attached.

MANALIPETC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.2%1-day move
₹55.65
prior close
₹58.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.3+6.2+8.0+6.4+8.2+7.2+8.5+9.5+7.8+15.2+22.7+19.4+14.8
Up moveDown movePending
AI summary

Manali Petrochemicals Limited's Board approved the audited financial results for Q4 and FY 2026 ending 31st March, receiving an unmodified (clean) audit opinion from auditors. The Board recommended a dividend of Rs. 0.50 per equity share of Rs. 5/- (10%), subject to shareholder approval at the AGM. Mr. T K Arun was reappointed as Independent Director for a second 5-year term starting 29th September 2026. The Board also sought shareholder consent via postal ballot for director reappointments and remuneration revisions for MD & CEO Mr. R Chandrasekar and Whole-time Director Mr. G R Sridhar.

Likely market impact

Positive signal for shareholders as the company declares dividend and maintains clean audit status. The remuneration revisions for top executives may warrant attention for governance-conscious investors. No red flags identified from the audit opinion.