Plant-1 Resumes Operations After Propylene Supply Allocation

Plant RestartedCapex & Operations View source PDF Explain this filing

MANALIPETC · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹55.24

prior close

₹55.34

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-0.8% vs market

Petrochemicals peers, median of 12sector-0.8%-0.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.5 pts less than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

-0.1

15m

+0.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.6-0.8-0.8-0.5

Next day

+0.4+0.5-0.1+0.1+0.3

-0.1+1.8-1.8+0.6-0.7

-2.4+1.6-4.0-1.0-1.4

-4.1+0.1-4.2-2.6-1.5

-1.3+2.5-3.9-1.0-0.3

-2.2+2.4-4.6-0.2-2.0

15d

+0.4+1.9-1.5-2.5+3.0

+2.3+2.1+0.1-5.2+7.5

+20.3+12.5+7.8+2.3+18.0

+15.9+12.0+3.9+0.6+15.3

UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Manali Petrochemicals will restart Plant-1 in Chennai from April 20, 2026, in a phased manner. The Department of Pharmaceuticals has allocated a fixed daily quantity of propylene to the company via CPCL, meeting pharma industry needs. Plant-1 was shut since March 12, 2026, after CPCL stopped propylene supply on MoPNG's directive. The Force Majeure condition is now resolved to the extent of this allocation. Plant-2 status remains unchanged.

Likely market impact

Positive - Force Majeure at Plant-1 resolved, enabling production resumption and revenue recovery for shareholders.