MRPLNSEMangalore Refinery and Petrochemicals Limited· RefineriesMediumNeutral
Announced Fri, 27 Jun · 16:31 IST

Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Appointment of Mr Deepak Prabhakar P as Executive Director (Marketing and Business Development) of the company w.e.f. Jun 27, 2025.

Management Changes View source PDF

MRPL · 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

Awaiting price reaction for this filing.

AI summary

MRPL has appointed Mr Deepak Prabhakar P as Executive Director (Marketing and Business Development) effective June 27, 2025. This is an internal elevation, as he was previously part of senior management (one level below the Board). He joined MRPL in 1993 and has over 32 years of experience across project management, maintenance, reliability, corporate strategy, and marketing. He holds a Mechanical Engineering degree from the University of Calicut, an MS in Manufacturing Management from BITS Pilani, and a PhD in Management from Karpagam University. He has been involved in commissioning MRPL's Phase 1, 2, and 3 refinery units, the SPM Project, SAP implementation, and the OMPL merger.

Likely market impact

Routine internal promotion with no direct material impact on shareholders. Internal elevation to a key business role is generally viewed as a positive for operational continuity and is unlikely to move the stock price.