Manali Petrochemicals Ltd

⚠️ Manali Petrochemicals Suspends Plant-1 Operations Due to Propylene Supply Halt

- Plant-1 operations suspended from March 12, 2026 due to complete stoppage of propylene supply

- Propylene supply halted by sole supplier Chennai Petroleum Corporation Limited (CPCL)

- Supply disruption follows Government of India Ministry of Petroleum and Natural Gas order dated March 9, 2026

- Plant-2 continues operations using existing feedstock inventory

- Declared force majeure event due to sovereign regulatory action

- Financial impact currently unquantifiable