Date: 23rd June 2026
Legal / Strategic Disclosures
Manali Petrochemicals Limited filed a Writ Appeal (WA No. 1538 of 2026) before the Division Bench of the Madras High Court. This appeal was against an order dated 25th March 2026 passed in W.P. No. 5850 of 2016.
The company received an order dated 15th June 2026 on 23rd June 2026, whereby the Division Bench granted an interim stay of the said order. The stay is subject to compliance with certain conditions as directed by the Court. The matter is posted for further hearing.
The Company's legal counsel is actively pursuing the matter and is assessing the legal and financial implications while advising on next steps. The company commits to providing further updates as and when material developments occur.
This intimation is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.