Manali Petrochemicals News

Manali Petrochemicals Gets Credit Rating Reaffirmation

CARE Ratings reaffirmed Manali Petrochemicals' credit ratings across Rs. 125.00 crore bank facilities, maintaining CARE A+ stable rating for long-term facilities and CARE A1+ for short-term facilities.

Manali Petrochemicals Q3 Profit Surges 1190%

Manali Petrochemicals reports consolidated net profit of 684 million rupees in Q3, marking a significant jump from 53 million rupees year-over-year. Revenue also grew to 2.5 billion rupees.

Manali Petrochemicals Signs MoA with CPCL

Manali Petrochemicals Limited enters into Memorandum of Agreement with Chennai Petroleum Corporation Limited to provide loading facility services at its Plant-I in Manali, Chennai.

Manali Petrochemicals Completes Sale of Subsidiary Notedome Limited for ₹2.47 Billion

Manali Petrochemicals has completed the divestiture of its step-down subsidiary Notedome Limited to Italian company C.O.I.M. S.p.A for a total consideration of ₹2.47 billion. The transaction represents a significant asset sale that will impact Manali Petrochemicals' portfolio structure and provide substantial cash proceeds to the company.