Manali Petrochemicals Approves Q2 Financial Results and Announces Key Dates for Annual General Meeting
Manali Petrochemicals Limited has approved its Un-Audited Financial Results for the quarter ended June 30, 2026. The company also announced key details regarding its upcoming Annual General Meeting (AGM), including the recommendation of a dividend and the appointment of a new Cost Auditor for the Financial Year 2026-27.The Board of Directors, during their meeting held on August 13, 2026, approved both the standalone and consolidated Un-Audited Financial Results, which are available on the company website.
Key Decisions from Board Meeting
Annual General Meeting (AGM)The 40th Annual General Meeting of Manali Petrochemicals is scheduled to be held on Monday, September 28, 2026. The meeting will be conducted through Video Conferencing or other Audio-Visual Means.
Dividend Recommendation
The Board had previously recommended a dividend of Rs. 0.50 per equity share of Rs. 5 each (representing 10% of the paid-up capital). This payment is subject to approval by the members at the 40th AGM. Upon shareholder approval, the dividend will be paid within 30 days from the date of the AGM.
Record Dates for Dividend Payment
The company specified two record dates for the payment of the dividend:
| Share Type | Record Date |
|---|---|
| Physical Shares | September 28, 2026 |
| Electronic Shares (NSDL and CDSL) | September 21, 2026 |
Cost Auditor Appointment
Mr. L Thriyambak, a practicing Cost Accountant based in Chennai, has been appointed as the Cost Auditor for Manali Petrochemicals Limited for the Financial Year 2026-27.Mr. Thriyambak is described as a seasoned professional with substantial experience in implementing and institutionalizing accounts departments. His proficiency includes conducting cost audits across various industries, preparing cost statements for product launches, coordinating with statutory and internal auditors, and managing budget preparation and analysis for financial rating agencies.
MANALIPETC Stock Price Movement
Today, shares of Manali Petrochemicals Limited rallied to settle at ₹68.83 after closing higher by 2.54%. The stock traded actively throughout the session, reaching a day high of ₹69.4 but maintaining positive momentum with total volume amounting to 976,960 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.