Manali Petrochemicals has announced the temporary suspension of operations at its Plant-1 facility in Manali, Chennai, following a complete halt in propylene supply from Chennai Petroleum Corporation Limited (CPCL). The operational shutdown took effect from March 12, 2026, as communicated to stock exchanges under SEBI Regulation 30.

Government Directive Triggers Supply Chain Disruption

The cessation of propylene supply stems from a revised order issued by the Ministry of Petroleum and Natural Gas (MoPNG) dated March 09, 2026. The directive mandates that all crude oil processed at CPCL's refinery be directed exclusively towards the production of Liquefied Petroleum Gas (LPG) to ensure national energy security and domestic fuel availability.

The MoPNG order was issued in response to significant disruptions to international crude oil and petrochemical supply chains arising from ongoing geopolitical conflicts in the Middle East, prompting government intervention to secure energy supplies.

Impact on Manufacturing Operations

Manali Petrochemicals manufactures Propylene Oxide and related petrochemical products, with propylene serving as the primary and indispensable feedstock sourced exclusively from CPCL. The company received formal communication from CPCL on March 10, 2026, intimating the complete cessation of propylene supply with immediate effect.

Pursuant to the government directive, CPCL has been instructed to discontinue processing crude oil for downstream petrochemical derivatives, including propylene, for the duration of the order.

Company Response and Future Outlook

The company has classified the temporary shutdown as a force majeure event arising from a sovereign regulatory directive, which is entirely beyond its control. Management is evaluating the implications and taking necessary steps to manage stakeholder obligations during this period.

Regarding Plant-2 operations, the company continues production utilizing available feedstock inventory. Any material developments warranting separate disclosure will be communicated to stock exchanges in accordance with applicable regulations. The company stated that the likely impact of this ongoing force majeure event cannot be estimated at present and will monitor developments closely.

Source: None/Company/INE201A01024/f520a469-2de7-476d-b71c-527abfc05021.pdf

Manali petrochemicals Limited has announced the designation of Mr. A R Swamydurai as Senior Management Personnel, effective March 9, 2026. The appointment was disclosed to stock exchanges in compliance with Regulation 30 of the SEBI Listing Regulations, 2015.

Appointment Details

The company has designated Mr. A R Swamydurai, who currently serves as Deputy General Manager (Operations), as Senior Management Personnel with effect from March 9, 2026. This designation represents an internal promotion recognizing his operational leadership role within the organization.

Professional Background

Mr. A R Swamydurai brings extensive experience to his new role, having been associated with Manali Petrochemicals Limited since 1989. His career progression within the company spans over three decades, starting as an ESS trainee.

Key Qualifications and Experience:

• Educational Background: Diploma in Chemical Technology
• Company Tenure: Joined as ESS trainee in 1989
• Current Responsibilities: Leads operations at both company plants
• Operational Expertise: Extensive experience in petrochemical operations

Regulatory Compliance

The appointment disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, and follows the guidelines specified in SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has informed both BSE Limited and National Stock Exchange of India Limited about this senior management appointment.

Company Operations

Manali Petrochemicals Limited operates through two manufacturing facilities located in Chennai. Both plants are situated in the Manali area, with Plant-1 at Ponneri High Road and Plant-2 at Sathangadu Village. Mr. Swamydurai's role as Deputy General Manager (Operations) involves overseeing operational activities across these facilities, making his designation as Senior Management Personnel a recognition of his critical operational responsibilities.