MRPL Board Meeting on March 3, 2026 to Consider Interim Dividend Declaration

1 min read Updated on 24 Feb 2026, 03:05 PM

Reviewed by

Shriram SScanX News Team

Overview

Mangalore Refinery and Petrochemicals Limited has officially announced a board meeting scheduled for March 3, 2026, to consider the declaration of interim dividend for financial year 2025-26. The company has implemented a trading window closure from February 24 to March 5, 2026, and formally communicated this development to both BSE and NSE in compliance with SEBI regulations.

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Mangalore Refinery and Petrochemicals Limited has officially announced that its board of directors will convene on March 3, 2026, to deliberate on the declaration of interim dividend for the financial year 2025-26. The meeting has been scheduled in accordance with Regulation 29 and 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The company has formally communicated this development to both BSE and NSE through an official letter dated February 24, 2026. The board meeting will specifically consider whether to declare an interim dividend for shareholders during the current financial year.

Parameter:	Details
Meeting Date:	March 3, 2026
Purpose:	Declaration of Interim Dividend
Financial Year:	2025-26
Regulatory Framework:	SEBI LODR Regulation 29 & 50
Communication Date:	February 24, 2026

Trading Window Closure

In compliance with the company's Code of Internal Procedures and Conduct for Prohibition of Insider Trading, MRPL has implemented a trading window closure for its equity shares. This measure ensures adherence to insider trading regulations during the period leading up to and following the board meeting.

Timeline:	Date
Trading Window Closure Start:	February 24, 2026
Board Meeting:	March 3, 2026
Trading Window Reopening:	March 5, 2026

Stock Exchange Communication

The official notification was addressed to both major stock exchanges where the company's securities are listed. The communication was directed to the Assistant General Manager of Listing Compliance at BSE Limited and the Compliance & Listing Department at National Stock Exchange of India Limited.

Exchange:	Trading Details
BSE Scrip Code:	500109
NSE Symbol:	MRPL (EQ Series)
ISIN:	INE103A01014
Debenture Codes:	959162, 959250, 973692

Company Profile

Mangalore Refinery and Petrochemicals Limited operates as a subsidiary of Oil and Natural Gas Corporation Limited and holds the status of a Schedule 'A' Government of India enterprise. The company maintains ISO 9001, 14001, and 50001 certifications, reflecting its commitment to quality, environmental, and energy management standards. The official communication was signed by Premachandra Rao G, Company Secretary, with digital signature authentication dated February 24, 2026.

Historical Stock Returns for Mangalore Refinery & Petroleum

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.39%	+5.84%	+26.68%	+57.63%	+72.16%	+413.99%

Mangalore Refinery & Petroleum

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MRPL Completes Re-lodgement of Physical Shares Under SEBI Compliance Framework

1 min read Updated on 29 Jan 2026, 03:12 PM

Reviewed by

Jubin VScanX News Team

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Overview

Mangalore Refinery and Petrochemicals Limited completed the re-lodgement of 200 physical shares worth ₹10 each under SEBI compliance framework. The transfer from R.C. Bhalla to Dhani Ram Sharma was processed from the IEPF demat account after completing the mandatory 30-day public notice period with no objections received. The shares will remain under six-month lock-in period.

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Mangalore Refinery and Petrochemicals Limited has successfully completed the re-lodgement process for physical share transfers in compliance with SEBI regulatory requirements. The company processed a transfer request involving 200 equity shares of face value ₹10 each from its Investor Education and Protection Fund (IEPF) demat account.

Transfer Details and Regulatory Compliance

The share transfer process was initiated pursuant to SEBI circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025, regarding the special window for re-lodgement of physical share transfers, and SEBI circular SEBI/HO/MIRSD/DOS3/CIR/P/2018/139 dated November 6, 2018. The transfer involved shares that were previously transferred to the IEPF account but had underlying transfer documents executed prior to the IEPF transfer.

Parameter:	Details
Folio Number:	0088482
Share Quantity:	200 equity shares
Face Value:	₹10 per share
Transferor:	R.C. Bhalla
Transferee:	Dhani Ram Sharma
Certificate Numbers:	2166075, 88539
Distinctive Numbers:	348279651-348279750, 226212301-226212400

Public Notice and Objection Period

As part of the regulatory compliance process, Mangalore Refinery published the required advertisement in newspapers to notify stakeholders about the proposed transfer. The company completed the mandatory 30-day period from the date of advertisement publication, during which no objections were received regarding the transfer request.

Lock-in Period and Disclosure Requirements

Following the successful completion of the objection period, the transferred shares will be subject to a six-month lock-in period as mandated by regulatory guidelines. The company has committed to hosting this transfer information on its official website to ensure transparency and compliance with disclosure requirements.

Company Background

Mangalore Refinery and Petrochemicals Limited operates as a Schedule 'A' Government of India enterprise and functions as a subsidiary of Oil and Natural Gas Corporation Limited. The company maintains ISO 9001, 14001, and 50001 certifications and is listed on both BSE (scrip code: 500109) and NSE (symbol: MRPL) with ISIN INE103A01014.

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