Key Developments: Mangalore Refinery and Petrochemicals Ltd (MRPL.NS)
41.85INR
6:11am EDT
Rs-2.95 (-6.58%)
Rs46.30
Rs44.50
Rs44.95
Rs42.00
454,835
271,063
Rs70.45
Rs41.70
Latest Key Developments (Source: Significant Developments)
Mangalore Refinery and Petrochemicals Ltd Buys First Ever Cargo Of Gabon Rabi Light Crude-Reuters
Reuters reported that Mangalore Refinery and Petrochemicals Ltd (MRPL) bought its first cargo of Gabon rabi light crude in a tender. MRPL bought the grade on a C&F basis from Shell at a premium of $2.5 a barrel to Dated Brent. Full Article
Mangalore Refinery and Petrochemicals Ltd Announces Change In Managing Director
Mangalore Refinery and Petrochemicals Ltd announced that Shri U. K. Basu, Managing Director has resigned from the Board of Directors of Mangalore Refinery and Petrochemicals Ltd. with effect from July 01, 2012, consequent upon his of superannuation from the services of Mangalore Refinery and Petrochemicals Ltd., on June 30, 2012. Further Mangalore Refinery and Petrochemicals Ltd. has informed that, Shri P. P. Upadhya, Director (Technical) has assumed the office of Managing Director with effect from July 01, 2012, pursuant to his appointment as Managing Director of Mangalore Refinery and Petrochemicals Ltd. by the Ministry of Petroleum & Natural Gas (MoP&NG), Government of India. Full Article
Mangalore Refinery and Petrochemicals Ltd Recommends Dividend
Mangalore Refinery and Petrochemicals Ltd announced that the Board of Directors at its meeting held on May 23, 2012 have recommended dividend of INR1.00 per Equity Share on par value of INR10 per Equity Share (10%) and INR0.001 per preference share of INR10 each (0.01%) for the Financial year ended March 31, 2012. Full Article
Mangalore Refinery & Petrochemicals Ltd Goes For Emergency Shutdown Due To Stoppage Of Water Supply From Nethravathi River
Mangalore Refinery & Petrochemicals Ltd (MRPL) announced that it has gone for Emergency Shutdown due to stoppage of water supply from Nethravathi river. The Refinery was receiving around 5.5 mgd water from Nethravathi river. Water availability in the Nethravathi river and its downstream dams started depleting from the end of March. As a result the District authorities enforced reduction of water supply to MRPL to 1/3rd level and finally on 11/4/2012, completely stopped the intake of water from the Nethravathi river Full Article
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