Manali Petrochemicals Ltd
NSE: MANALIPETC BSE: 500268
₹55.41
(-1.48%)
Wed, 04 Mar 2026, 10:58 am
Market Cap9.54B
PE Ratio8.53
Dividend0.90
Process Industries
Chemicals: Specialty
24.5KCompany History
1986
- Manali Petrochemicals Ltd. was incorporated on 11th June, in Tamil Nadu as a public limited company and obtained a Certificate for Commencement of Business on 2nd July
- The Company entered into an agreement with TECHNIP France who are providing technology of ATO CHEM of France for the manufacture of propylene oxide and propylene glycol and that of ARCO Chemical Co. of U.S.A. for the manufacture of polyols
- The Company launched a seed marketing programme by import of Polyol, MDI and TDI
- The flexible grade poyol was marketed under the brand name EMPEYOL F 3000 meant for slab stock application despite huge imports
1991
- The Company launched three more products for the slab-stock industry, viz., empeyol F-3002, empeyol F-3502 and empeyol F-4002
- 323,99,957 shares were issued at par out of which the following shares were reserved and allotted
1993
- The Company's R&D wing was engaged in developing CFC free flexible moulded polyurethane systems for use in auto mobile sector
- The Company made an application for a letter of intent for the manufacture of MDI/TDI
- The Company got approval for re-endorsement of capacities under minimum economic scale size for the manufacture of 25,000 tpa of propylene glycol
- The company issued equity shares of Rs 10 each at a premium of Rs 5 per share to the existing shareholders of the Company on rights basis
2000
- The Company approved the merger of Spic Organics Ltd with the company
- Manali Petro Ltd. and Spic Organics Ltd. have fixed one share of MPL for every share of SORL as the swap ratio
- The Board of Directors of the company has approved, subject to necessary approvals, scheme of amalgamation of SPIC Organics Ltd. with the company
2006
- Company has splits its Face value of Shares from Rs 10 to Rs 5
2007
- Manali Petrochemical Ltd has recommended a dividend @ 10% (Rupees 0.50 per Equity Share of Rs 5/ each)
- Mr. G. S. Lakshmi Narasimhan has been appointed as Company Secretary as well as Compliance Officer of the company
2008
- Manali Petrochemical Ltd has recommended a dividend @ 10% (Rupees 0.50 per Equity Share of Rs 5/ each)
2009
- Manali Petrochemical Ltd has recommended a dividend @ 5% (five percent) (Rs 0.25 per Equity share of Rs 5/- each)
- Shri Ashwin C Muthiah has been appointed as the Chairman of the company
2010
- Manali Petrochemical Ltd has recommended a dividend @ 7.5% (Rs. 0.375) per Equity share
- Mr.R.Kothandaraman has been appointed as the Company Secretary of the Company
2011
- Mr. Muthukrishnan Ravi has been appointed as the Managing Director of the Company
- Manali Petrochemical Ltd has recommended a dividend of 50 paise per equity share of Rs. 5/- each, fully paid-up, (10%)
2012
- Manali Petrochemical Ltd has recommended a dividend of 60 paise per equity share of Rs. 5/- each, fully paid-up (12%)
2013
- Manali Petrochemicals has recommended a dividend of 50 paise per equity share of Rs. 5/- each
2014
- Manali Petrochemicals has recommended a dividend of 50 paise per equity share of Rs. 5/- each
2015
- MPL to expand capacity to meet demand for polyols
2016
- Manali Petrochem completes acquisition of UK-based Notedome
- Manali Petrochemicals commences operation of Plant 1
2018
- Launch of Notedome Products in India
2021
- Manali Petrochemicals partners with Econic for production of CO2 containing polyols
- Manali Petrochemicals and Econic Technologies have entered into a Memorandum of Understanding for introducing a more environment friendly, CO2 containing polyols, into the $28 billion global polyols market
- MPL to partner with Econic, UK for new polyol technology
2022
- Manali Petrochemicals buys UK's specialty chemical producer Penn Globe for 21 Million pounds
- Manali Petro gets environmental clearance for propylene glycol capacity expansion
- Manali Petro to set up new entity in Germany to expand UK arm operations
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800