CPCL Signs MOU with MPL

Manali Petrochemicals Limited (MPL), a leading Petrochemical manufacturing company and part of AM International, Singapore, has signed a Non-Binding MOU with Chennai Petroleum Corporation Limited (CPCL) for a strategic collaboration aimed at fostering mutual growth and innovation.

The non-binding MoU was formally signed by Shri. P Kannan, Director (Operations), CPCL and Shri. R Chandrasekar, Managing Director & CEO - MPL Group, in presence of Shri. H Shankar, Managing Director, CPCL, Mr. Rohit Kumar Agrawala, Director (Finance), CPCL, Mr. G R Sridhar, Wholetime Director (Head of Plant Operations), MPL, Mr. N Shivaram, COO, MPL and Dr. Sundar Saimani, Sr. General Manager, MPL and other Senior officials from CPCL also participated in the event.

Shares of Manali Petrochemicals Limited was last trading in BSE at Rs. 72.36 as compared to the previous close of Rs. 70.34. The total number of shares traded during the day was 127361 in over 1257 trades.

The stock hit an intraday high of Rs. 73.08 and intraday low of 69.10. The net turnover during the day was Rs. 9080038.00.

Source : Equity Bulls

Keywords

ManaliPetrochemicals INE201A01024 MOU CPCL