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Manali Petrochemicals Announces Key Resolutions Passed in Postal Ballot

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Manali Petrochemicals Announces Key Resolutions Passed in Postal Ballot

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Manali Petrochemicals Limited ( (IN:MANALIPETC) ) has provided an announcement.

Manali Petrochemicals Limited announced the results of a postal ballot, which included the appointment of Mr. Anand Raghavan as an Independent Director and the approval for the sale of a wholly-owned step-down material subsidiary. The resolutions were passed with the requisite majority, marking a significant step in the company’s governance and strategic restructuring efforts.

More about Manali Petrochemicals Limited

Manali Petrochemicals Limited operates in the petrochemical industry, focusing on the production of petrochemical products. The company is known for its manufacturing facilities located in Chennai, India, and is involved in the production and sale of various chemical products.

Average Trading Volume: 58,168

Technical Sentiment Signal: Buy

Current Market Cap: 11.73B INR

Find detailed analytics on MANALIPETC stock on TipRanks’ Stock Analysis page.

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