MPL subsidiary signs agreement to sell UK subsidiary Notedome
MANALIPETC · price
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On the reaction day the stock moved in line with Nifty Microcap 250 and 0.3 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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Singapore-based AMCHEM, a wholly owned MPL subsidiary, signed a share purchase agreement on 20 October 2025 to sell its entire stake in Notedome Limited, a material UK step-down subsidiary, to C.O.I.M. S.p.A. The deal value and closing timeline were not disclosed.
The sale may streamline MPL's overseas operations and release cash, but the earnings impact is unclear because deal terms were not disclosed.