Board Meeting21 May 2026, 07:32 pm
Manali Petrochem: Dividend of ₹0.50 Recommended, T K Arun Re-appointed
AI Summary
Manali Petrochemicals Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a dividend of ₹0.50 per equity share. Mr. Thanjavur Kanakaraj Arun has been re-appointed as an Independent Director for a second term of five years, subject to member approval. The board also approved seeking member consent via postal ballot for the re-appointment of Mr. Arun and revisions in remuneration for Mr. R Chandrasekar and Mr. G R Sridhar.
Key Highlights
- Audited financial results for the quarter and year ended March 31, 2026, approved.
- Dividend of ₹0.50 per share recommended, subject to shareholder approval.
- T K Arun re-appointed as Independent Director for a second five-year term.
- Postal ballot approved for re-appointment of T K Arun and remuneration revisions.
- Board meeting commenced at 2:00 P.M. (IST) and concluded at 4:40 P.M. (IST).
Price Impact
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