Manali Petrochemicals partners with CPCL for loading facilities
Manali Petrochemicals Limited (MPL) has entered into a Memorandum of Agreement with Chennai Petroleum Corporation Limited (CPCL) for CPCL to utilize the loading facilities at MPL's Plant-I in Manali, ...
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Why is Manali Petrochemicals Limited in the news today?
Manali Petrochemicals Limited (MANALIPETC) is in the news due to the announcement details a non-mandatory agreement for facility utilization between two companies. it does not immediately suggest a significant financial impact or strategic shift that would warrant a positive or negative sentiment.
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Manali Petrochemicals partners with CPCL for loading facilities
December 17, 2025, 11:55 AM
Manali Petrochemicals Limited (MPL) has entered into a Memorandum of Agreement with Chennai Petroleum Corporation Limited (CPCL) for CPCL to utilize the loading facilities at MPL's Plant-I in Manali, Chennai, for handling CPCL's products.
This intimation, while not mandatory under SEBI Listing Regulations, 2015, is being provided by MPL in the interest of good corporate governance and transparency.
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