Manali Petrochemicals Ltd Share Price Manali Petrochem

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Chairman Ashwin C Muthiah
Managing Director Muthukrishnan Ravi
Company Secretary R Kothandaraman
Independent Director Sashikala Srikanth
Independent Director G Chella Krishna
Director (Works) C Subash Chandra Bose
Independent Director Govindarajan Dattatreyan Sharma
Director THANJAVUR KANAKARAJ ARUN
Independent Director Chatapuram Swaminathan Shankar
Independent Director N Sundaradevan

Incorporated in Jun.86, Manali Petrochemicals was promoted by Southern Petrochemicals Industries Corporation. It manufactures import-substitute chemicals like propylene oxide, propylene glycol, polyol, isocyanate and others. These chemicals are key inputs for the manufacture of polyurethane foams having wide ranging applications. Propylene glycol is extensively used in pharmaceuticals, food flavours, essences, cigarettes, cosmetics and perfumery. For its products, the company has collaborations with Ato Chem, France; Arco, USA; through Technip, France. The company also has new improved formulations to manufacture bicycle tyres and rice mill rollers.In Feb.93, it came out with a rights issue to meet the cost of setting up new facilities and to enter into trading of isocyanates which is not being manufactured locally. The companys promoter, SPIC, is also taking over UB Petroproducts, its only domestic competitor, thus putting the company in a favourable position. It has expanded the capacity of PO,PG and Polyol. The company also developed a new process for manufacture of eco-friendly Glycol Ethers of which commercial production commenced. The company was accredited with the ISO 9001: 1994 certificate by Det Norske Veritas.The Company is contemplating merger of Spic Organics Limited, a company belonging to the same group with the company, considering the various benefits that would accrue in the merged operations.The merger has been approved by the Honble High Court of Madras on 21st March 2001.

REGISTERED OFFICE

SPIC House,
88 Mount Road Guindy,Chennai,
Tamil Nadu-600032

Tell. : +91-44-22351098
Website : http://www.manalipetro.com
Email : companysecretary@manalipetro.com

REGISTRAR OFFICE

Subramanian Building,
1 Club House Road,Chennai - 600 002
INDIA

Tell. : +91-044-28460390 (5 L
Website : www.cameoindia.com
Email : cameo@cameoindia.com