Manali Petrochemicals Limited has informed the Exchange regarding Change in Director(s) of the company.
MANALIPETC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manali Petrochemicals' Board approved the audited financial results for Q4 and FY ended March 2026, with auditors issuing an unmodified opinion. The Board recommended a dividend of Rs. 0.50 per equity share (10%) payable after AGM approval. Mr. T K Arun was reappointed as Independent Director for a second term of 5 years effective September 2026, subject to shareholder approval. The Board also approved seeking shareholder consent via postal ballot for Mr. Arun's reappointment, revision in MD & CEO Mr. R Chandrasekar's remuneration, and revision in Wholetime Director Mr. G R Sridhar's remuneration.
Positive signals for shareholders with dividend declaration and continuity in leadership through director reappointments. The remuneration revisions for key executives may indicate retention focus but should be monitored for dilution.