StockWatch
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Refineries & Marketing
CSR1 Oct 2026, 05:10 pm

MRPL Pledges ₹1.2 Crore Support for Deceased Employee's Family

AI Summary

Mangalore Refinery and Petrochemicals Ltd (MRPL) has announced financial support of ₹90 lakh to the family of Shri Manish Karkada, who tragically passed away in a fire incident at the Coker Hydrotreater Unit (CHTU) on September 30, 2026. In addition to this direct support, the family will receive approximately ₹10 lakh under Group Term Life Insurance (GTLI) and ₹20 lakh under the Workmen Compensation Policy (WCP), bringing the total financial and insurance benefits to approximately ₹1.20 crore. MRPL is also in discussions regarding Mediclaim insurance for the secondary workforce, with finalization expected within four weeks after consultation with local authorities. The company reiterated its commitment to employee safety and welfare.

Key Highlights

  • MRPL offers ₹90 lakh financial support to the family of deceased employee.
  • Total benefits, including insurance, amount to approximately ₹1.20 crore.
  • Mediclaim for secondary workforce under discussion, to be finalized in four weeks.
  • Company reaffirms commitment to safety and welfare of all personnel.