Manali Petrochemicals Receives Madras High Court Order Regarding Labor Dispute
Manali Petrochemicals Limited announced on April 2, 2026, that the Hon’ble Madras High Court has issued an order disposing of Writ Petitions related to a wage revision and service conditions dispute with workmen. The petitions, initially filed in 2016 and 2023, challenged awards previously passed by the Industrial Tribunal, Chennai in I.D. Nos. 35 of 2006 and 51 of 2004.The company received the common order from the Madras High Court on March 31, 2026. Manali Petrochemicals is currently assessing the financial and legal implications of the order in consultation with legal counsel and will take appropriate steps as advised. Further material developments will be communicated to the stock exchanges.
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