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An update from Manali Petrochemicals Limited ( (IN:MANALIPETC) ) is now available.
Manali Petrochemicals Limited has announced a postal ballot to seek shareholder approval for two significant resolutions: the appointment of Mr. Anand Raghavan as an Independent Director and the sale of a wholly-owned step-down material subsidiary. This move, approved by the Board of Directors, is part of the company’s strategic decisions to enhance its governance and streamline its operations, potentially impacting its market positioning and stakeholder interests.
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 specialization in manufacturing and marketing petrochemical products, serving various industrial sectors.
Average Trading Volume: 114,623
Technical Sentiment Signal: Buy
Current Market Cap: 12.67B INR
See more insights into MANALIPETC stock on TipRanks’ Stock Analysis page.