MANALI PETROCHEMICAL LTD. - Updates

Manali Petrochemicals Ltd has informed BSE that At the meeting held on January 31, 2017 the Board has<BR><BR>a. Reappointed Mr. Muthukrishnan Ravi as the Managing Director for a further period of three years with effect from July 29, 2017, subject to such approvals as may be required.<BR><BR>b. Additional investment upto US$ 1 million in AMCHEM Speciality Chemicals Private Limited, Singapore, the Wholly Owned Subsidiary in one or more tranches for exploring further overseas business opportunities.