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Mangalore Refinery And Petrochemicals Ltd

Wed 30/04/2025,16:5:27 | NSE : MRPL

₹ 134.210.31 (0.23%)

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Market Data

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Open

₹ 134.21

Previous Close

₹ 133.90

Volume

2571950

Mkt Cap ( Rs. Cr)

₹23521.63

High

₹ 136.48

Low

₹ 132.90

52 Week High

₹ 259.90

52 Week Low

₹ 98.92

Book Value Per Share

₹ 70.22

Dividend Yield

0.00

Face Value

₹ 10.00

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Buy

63.29%

Hold

18.59%

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18.11%

63.29%

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Sell Order Quantity

100%

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Qty

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0

Bid Price

Qty

134.21

3231

0.00

0

0.00

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Bid Total

3231

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News

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  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    30 Apr 2025, 4:54PM Transcript of Conference Call held with Analysts and Investors to discuss the Audited Financial Results for the quarter and year ended March 31, 2025.
  • Mangalore Refine - Outcome of Board Meeting-XBRL

    29 Apr 2025, 10:32AM MANGALORE REFINERY AND PETROCHEMICALS LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 26-Apr-2025 for Dividend
  • Mangalore Refine - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Apr 2025, 4:26PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about Audio Recording of Conference Call held with Analysts and Investors to d
  • Mangalore Refine - Copy of Newspaper Publication

    28 Apr 2025, 11:57AM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about Copy of Newspaper Publication
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    28 Apr 2025, 4:25PM Audio Recording of Conference Call held with Analysts and Investors to discuss the Audited Financial Results for the quarter and year ended March 31,
  • Mangalore Refine - Press Release

    26 Apr 2025, 3:51PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding a press release dated April 26, 2025, titled ""Outcome of Board Meet
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    26 Apr 2025, 3:51PM Press Release of Board Meeting
  • Mangalore Refine - Compliances-Reg. 54 - Asset Cover details

    26 Apr 2025, 3:04PM Security Cover Certificate pursuant to Regulation 54(2)/3 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
  • Mangalore Refine - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    26 Apr 2025, 2:55PM MANGALORE REFINERY AND PETROCHEMICALS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Offic
  • Mangalore Refine - Appointment Of Secretarial Auditor

    26 Apr 2025, 2:54PM Appointment of Secretarial Auditor
  • Mangalore Refine - Appointment

    26 Apr 2025, 2:50PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Appointment of Ms Ullas Kumar Melinamogaru & Associates as Secretari
  • Mangalore Refine Q4 net profit down 68.06% at Rs 363.14 cr

    26 Apr 2025, 2:40PM The company reported standalone net profit of Rs 363.14 crore for the quarter ended March 31, 2025 as compared to Rs 1136.84 crore in the same period
  • Mangalore Refine - Outcome Of The Board Meeting

    26 Apr 2025, 2:39PM Standalone and Consolidated Audited Financial Statements for the quarter and year ended March 31, 2025.
  • Mangalore Refine - Outcome of Board Meeting

    26 Apr 2025, 2:34PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Board meeting held on April 26, 2025.
  • Mangalore Refine - Outcome of Board Meeting

    26 Apr 2025, 2:28PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Outcome of Board Meeting held on April 26, 2025.
  • Mangalore Refine - Board Meeting Outcome for Outcome Of The Board Meeting

    26 Apr 2025, 2:26PM Outcome of the Board Meeting
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    17 Apr 2025, 3:36PM Intimation of Schedule of Conference Call
  • Mangalore Refine - Analysts/Institutional Investor Meet/Con. Call Updates

    17 Apr 2025, 3:36PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about Schedule of Conference Call.
  • Mangalore Refine - Board Meeting Intimation for Considering Audited Financial Results For The Quarter And Year Ended 31/03/20

    16 Apr 2025, 3:35PM Mangalore Refinery And Petrochemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/04/2025 ,inter
  • Mangalore Refine - Board Meeting Intimation

    16 Apr 2025, 3:35PM MANGALORE REFINERY AND PETROCHEMICALS LIMITED has informed the Exchange about Board Meeting to be held on 26-Apr-2025 to consider and approve the Year
  • Mangalore Refine has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    8 Apr 2025, 11:00AM As of March 2025, 88.58% is owned by Indian Promoters and 11.42% by Public. <p align=justify> Institutional holds 2.63% (Insurance Companies 0.22%) an
  • Mangalore Refine - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    4 Apr 2025, 12:11PM Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2025.
  • Mangalore Refine - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    4 Apr 2025, 12:11PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participant
  • Mangalore Refine - Updates

    1 Apr 2025, 2:58PM Mangalore Refinery and Petrochemicals Limited has intimated the Exchange regarding Landmark Achievement in Crude Processing.
  • Mangalore Refine - Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)

    1 Apr 2025, 3:26PM Half Yearly Statement of NCDs (Debt Securities) as on March 31, 2025.
  • Mangalore Refine - Intimation Of Landmark Achievement In Crude Processing

    1 Apr 2025, 2:59PM Intimation of Landmark Achievement in Crude Processing
  • Mangalore Refine - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Mar 2025, 4:36PM MANGALORE REFINERY AND PETROCHEMICALS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Offic
  • Mangalore Refine - Appointment

    28 Mar 2025, 4:36PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Appointment of Mr Rajkumar Sharma as Independent Director of the com
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Change in Directorate

    28 Mar 2025, 4:36PM Intimation of Appointment of Independent Directors on the Board of MRPL
  • Mangalore Refine - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    25 Mar 2025, 2:40PM MANGALORE REFINERY AND PETROCHEMICALS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Offic
  • Mangalore Refine - Cessation

    25 Mar 2025, 11:08AM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Cessation of Mr Shri Yogish Nayak S as Chief Financial Officer of th
  • Mangalore Refine - Appointment

    25 Mar 2025, 11:08AM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding Appointment of Mr Shri Devendra Kumar as Non- Executive Director of
  • Mangalore Refine - Appointment Of Chief Financial Officer.

    25 Mar 2025, 11:15AM Appointment of Chief Financial Officer.
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Cessation

    25 Mar 2025, 11:10AM Outcome of the Board Meeting- Cessation of Chief Financial Officer.
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Change in Directorate

    25 Mar 2025, 11:06AM Outcome of the Board Meeting- Appointment of Director and CFO.
  • Mangalore Refine - Intimation From Mop&NG Regarding Appointment Of Director

    24 Mar 2025, 4:45PM Intimation from MoP&NG regarding appointment of Director.
  • Mangalore Refine - General Updates

    24 Mar 2025, 4:45PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about intimation from MoP&NG regarding appointment of Director.
  • Mangalore Refine - Trading Window-XBRL

    20 Mar 2025, 2:16PM MANGALORE REFINERY AND PETROCHEMICALS LIMITED has informed the Exchange about Closure of Trading Window
  • Mangalore Refine - Trading Window

    20 Mar 2025, 2:15PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider
  • Mangalore Refine - General Updates

    18 Mar 2025, 2:15PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosu
  • Mangalore Refine - Action(s) initiated or orders passed

    11 Mar 2025, 4:59PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange about Action(s) initiated or orders passed
  • Mangalore Refine - Disclosure Of Event Or Information Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Req

    11 Mar 2025, 5:04PM The Company has received Order-in-Original from the Office of the Commissioner of Customs, Panambur, Mangaluru (Additional Commissioner of Customs, Ma
  • Mangalore Refine - Press Release

    15 Feb 2025, 5:04PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding a press release dated February 15, 2025, titled ""ONGC, SOCAR, and M
  • Mangalore Refine - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    15 Feb 2025, 5:06PM Press Release - 'ONGC, SOCAR, and MRPL sign Tripartite MoU to Strengthen Energy Cooperation at India Energy Week 2025'.
  • Mangalore Refine - Updates

    3 Feb 2025, 2:12PM Mangalore Refinery and Petrochemicals Limited has informed the Exchange regarding 'Change in Domain name and Generic e-mail ID of Registrar & Share Tr
  • Mangalore Refine - Change In Domain Name And Generic E-Mail ID Of Registrar & Share Transfer Agent Of The Company

    3 Feb 2025, 2:15PM Change in Domain name and Generic e-mail ID of Registrar & Share Transfer Agent of the Company
  • Mangalore Refinery and Petrochemicals

    12 Jul 2022 , 11:37AM The company’s board of directors will meet on 15th July, 2022 to decide on complying with minimum public shareholding requirements by issue of further public offer, preferential issue, qualified institutions placement etc. as per SEBI requirement. We highlight here that ONGC/HPCL holds 71.63%/16.96% stake in MRPL while public shareholding is only 11.42% as on March 2022.
  • Mangalore Refinery and Petrochemicals Ltd

    14 Dec 2021 , 10:08AM As per media reports, the company’s refinery is running at full capacity utilisation and the management eyes to become profitable in FY22 on higher utilisation and likely higher petroleum product crack spreads. Moreover, post the merger of ONGC-Mangalore Petrochemicals Ltd (OMPL) with MRPL, the management expects incremental GRM of $0.5-1/bbl given the flexibility to switch between the production of gasoline and paraxylene to maximise profits.
  • MRPL shareholders to mull fund raising on 4th Sept

    23 Aug 2021 , 2:31PM Planning to raise upto Rs. 5,000 crore via issue of non-convertible debentures/bonds
  • MRPL board to consider merger of OMPL

    2 Jun 2021 , 1:51PM Mangalore Refinery to consider merger of ONGC Mangalore Petchem with co on June 10
  • MRPL, Shriram Transport Finance Company

    30 Oct 2020 , 10:19AM MRPL: The board of directors of MRPL has approved fund raising up to Rs5,000 crore through non-convertible debenture (NCDs).
  • Mangalore Refinery and Petrochemicals

    22 Oct 2020 , 10:28AM Board of directors of the company to meet on October 29, 2020 to consider fund raising up to Rs5000 crore through non-convertible debentures.
  • MRPL board approves acquisition of OMPL shares from ONGC

    20 Oct 2020 , 10:02AM MRPL buys 49% stake in ONGC Mangalore Petrochemicals from ONGC for Rs. 1,220 crore
  • Pricol, MRPL

    7 Sep 2020 , 11:19AM Pricol: Board approves raising Rs 100 crore through a rights issue
  • MRPL shuts down refinery on precautionary basis

    20 Aug 2019 , 11:32AM Mangalore Refinery and Petrochemicals (MRPL): Has announced that its refinery has been affected by a minor landslide due to monsoon in Dakshina Kannada District. Hence, as a precaution, the company will shut down phase-III process units, but phase-I, phase-II and product dispatch facilities will operate normally – negative read through for MRPL.
  • MRPL implement partial shutdown of its 15mmt refinery complex

    9 May 2019 , 11:31AM Mangalore Refinery and Petrochemicals Limited (MRPL): Has implemented partial shutdown of its 15mmt refinery complex as a force majeure due to acute shortage of fresh water in the river Nethravathi. The company has not given details about shutdown period – negative read through for MRPL as the shutdown would impact refinery throughput and thus earnings in case of prolonged shutdown of units.

Key fundamentals

Evaluate the intrinsic value of Mangalore Refinery And Petrochemicals Ltd stock 

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Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
09 Aug 2024 2 20 0 251.5
02 Feb 2024 1 10 0 170.9
30 May 2019 1 10 0 63.3
28 Jun 2018 3 30 0 105.5
10 Aug 2017 6 60 0 136.1
12 Jul 2012 1 10 0 57.2
07 Jul 2011 1.2 12 0 73.95
15 Jul 2010 1.2 12 0 74.65
06 Aug 2009 1.2 12 0 75.95
18 Jun 2008 1.2 12 0 97.75
01 Aug 2007 0.8 8 0 41.6
16 Aug 2006 0.7 7 0 41.5
11 Aug 2005 1 10 0 49.35
12 Sep 2002 0 0 0 7.55
0 0 0 19.2
0 0 0 16.7

Peers

Other companies within the same industry or sector that are comparable to Mangalore Refinery And Petrochemicals Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Mahanagar Gas Ltd 1346.10 1.45 12.71 1325.63 1292.16 2.23
Alphageo (India) Ltd 247.70 -2.27 96.38 85.60 5.95 3.23
Indraprastha Gas Ltd 192.59 4.08 15.70 9394.00 613.49 3.63
Dolphin Offshore Enterprises (India) Ltd 405.90 2.00 34.93 536.87 1161.85 0.00

Company Info

1988 - The Company was incorporated on 7th March, pursuant to a Memorandum of Understanding (MOU) dated 26th June, 1987 executed between the President of India representing the Government of India (GOI), Hindustan Petroleum Corporation Limited (HPCL) and Indian Rayon & Industries Limited (IRIL) for the purpose of setting up a refinery at Mangalore in the state of Karnataka. - The Company obtained the Certificate of Commencement of business on 2nd August, from the Registrar of Companies, Karnataka and subsequently the Letter of Intent from the Government India. - The Company was promoted by Hindustan Petroleum Corporation Ltd., Indian Rayon and Industries Ltd., Grasim Industries Limited, Hindalco Industries Ltd., and Indo Gulf Fertilisers and Chemicals Corp. Ltd., 1993 - The Company has made a mega Public Issue consisting 4,31,60,000 16% Secured Redeemable Partly Convertible Debentures (PCDs) of Rs.135/- each aggregating to Rs.582.66 crores and 2,80,00,000/- 17.5% Secure Redeemable Non Convertible Debentures of Rs.200/- each (with detachable Equity Warrants) aggregating to Rs.560 crores. - The Company has already tied up the entire Foreign Exchange requirements of the project. - The Company has tied up process technologies with internationally reputed technology suppliers. 1995 - The Company had already tied up the entire funds required for the project. 1996 - The Company has already tied-up the debt (both foreign exchange and rupee) required for the expansion of capacity. 1997 - MRPL commissioned its three million tonnes refinery towards the end of 1995-96 and it has been operating at more than 100 per cent capacity. 1998 - The Company has entered into an agreement with the National Securities Depository Limited (NSDL) to facilitate investors to hold the Shares in the electronic form. 1999 - The Company had issued 376947036 FCDs of Rs.19.26 each to the Promoter Companies for raising part Funds required for the expansion project which were converted into 376947036 equity shares of Rs.10/- each at a premium of Rs.9.26 per equity share. - MRPL is signing a crude-sourcing deal with the Chevron-Texaco combine. 2000 - The Company a joint venture between the AV Birla group and Hindustan Petroleum, is set to register losses of arond Rs 300 crore for the 1999-2000 financial year. - Reliance Petroleum and Mangalore Refineries have entered into First World markets with petro-products like motor spirit at prices, which are not only competitive but have also contributed to the bottomlines of these companies. - The Company has enhanced its refining capacity to 12 million tonnes through a cost-effective process of debottlenecking some units. - The Company is expanding its refining capacity from the existing 3 to 9 million tonnes per annum. - The Company joint venture between the Aditya Birla group and Hindustan Petroleum Corporation Ltd has been its outstandings from the Oil Coordination Committee rise to whopping Rs 792 crore. - H.L. Zutshi has been elected as Chairman of the company for period of two years. - Jagdish Mehta has stepped down as joint MD of Mangalore Refinery and Petrochemicals the nine million tonne refinery promoted by HPCL and the AV Birla group of companies. - The Company despite intense lobbying with Petronet India, has been denied a 26 per cent stake in the Mangalore-Bangalore propline. 2001 - ICRA has downgraded the non-convertible debenture program and the partially-convertible debenture programe of the company. - Refineries and Petrochemicals Ltd (MRPL) has reported a net loss of Rs 185.04 crore for the year ended March 31, 2001. 2002 - Mangalore Refinery & Petrochemicals Ltd has informed that IDBI has appointed their nominee Shri G M Ramamurthy on the Board of the company. -New Delhi: The board of directors of Oil and Natural Gas Corporation (ONGC) has approved the acquisition of the Aditya Birla group's stake in the joint venture Mangalore Refinery and Petrochemicals Ltd (MRPL). -Mangalore Refinery & Petrochemicals Ltd has informed that the Board of Directors approved issuance of additional Equity Shares upto Rs 20,000 million on preferential basis as per the existing SEBI guidelines for such issue of preferential shares to ONGC and /or Lenders of the Company on conversion of their debt into equity as part of a proposed financial restructuring of the company subject to approval of Shareholders of the company and lenders of the company and lenders of the company and further subject to approval of Govt. of India for cancellation of tripartite MOU dated June 26,1987 between Govt. of India, Hindustan Petroleum Corporation Ltd. (HPCL) and Indian Rayon & Industries Ltd. (IRIL) and completion of sale of Shares of IRIL and its associates in MRPL to ONGC. 2003 -Mangalore Refinery and Petrochemical Ltd has informed BSE that ONGC has acquired its 37.38% equity stake. -Shri.M.C.Bhargodia, Shri B.N.Puranmalka, Shri P Ramakrishnan, Shri Ravi Kastia have resigned as directors of the company. -ICRA has assigned 'A1 ' rating to MRPL in respect of its short term borrowings programme. -MRPL issued MIBOR linked bonds of Rs.500million with a green shoe option of Rs.250million at the interest of MIBOR plus 15 basispoint. -ONGC and MRPL have signed a Memorandum of Understanding for the supply of crude oil. -Becomes the third largest refinery in India 2004 -Shell ties up with MRPL for petro products -MRPL prepays Rs 2,380 Cr under debt restructuring package -MRPL inks agreement with Shell -Equity shares of Mangalore Refineries and Petrochemicals, a subsidiary of state-owned Oil and Natural Gas Corporation, enter 'A' group of scrips at Bombay Stock Exchange from March 1, 2004 -Mangalore Refinery & Petrochemicals Ltd has informed that Oil & Natural Gas Corporation Ltd, the promoter company has nominated Dr Ashok Kumar Balyan, Director (HR) ONGC, as director on the Board of MRPL 2005 -MRPL signs pact with Saudi, Iran firms for crude supply -MRPL forges alliance with Ashok Leyland for retail outlets - The Centre for High Technology (CHT) selects Mangalore Refinery and Petrochemicals Ltd (MRPL) for the Jawaharlal Nehru centenary awards for energy performance of refineries for 2003-04. -MRPL bags Jawaharlal Nehru award 2006 -Mangalore SEZ Co names Subir Raha as chairman -Mangalore Refinery forges alliance with Abu Dhabi firm -MRPL inks agreement with Mauritius co -Mangalore Refinery & Petrochemicals Ltd (MRPL) has informed that ICRA Ltd has assigned an Issuer Rating of "IR AAA" (pronounced as "IR Triple A") to the Company. 2007 -Mangalore Refinery & Petrochemicals Ltd (MRPL) has appointed Shri. V P Joy as Director of the Company w.e.f. January 16, 2007. -Mangalore Refinery & Petrochemicals Ltd (MRPL) has appointed Shri. V K Dewangan, Deputy Secretary (E-I), Ministry of Petroleum & Natural Gas as Director of the Company w.e.f. March 05, 2007. -MRPL signs long-term product supply agreement with Shell -MRPL receives award for energy performance 2008 -Mangalore Refinery & Petrochemicals Ltd has entered into an agreement to form a Joint Venture with Shell for domestic marketing of Aviation Fuel. -MRPL & SHELL enter into Joint Venture in Aviation Fuelling Business -Shell-MRPL joins hand to supply ATF to Jet Airways 2009 -MRPL to buy crude from Cairn's Rajasthan blocks -MRPL gets first consignment of crude from Cairn 2010 - Shri P. P. Upadhya has been appointed as Director. - Shri B. Sukumar has been relieved from the company as Company Secretary, and Shri Dinesh Mishra has assumed the charge of Company Secretary and Compliance Officer. - Board has recommended dividend of Rs. 1.20 per Equity Share. 2011 - Vishnu Agrawal is MRPL new Director-Finance. - Board have recommended dividend of Rs. 1.20 Paise per equity share. 2012 - Mangalore Refinery and Petrochemicals Ltd has informed BSE regarding a Press Release dated June 06, 2012 titled "Government of Karnataka sanctions special Incentive package for MRPL phase III Expansion and Upgradation Project". - P. P. Upadhya takes over as MD, MRPL . - Dr. D Chandrasekharam has been appointed as an Independent Director on the Board of the Company. - Board have recommended dividend of Rs. 1.00 per Equity Share. 2014 -MRPL starts its Petro Fluidized Catalytie Cracking unit 2015 -MRPL buys cargo of Djeno crude -MRPL won the first prize for outstanding performance in the area of Hindi Implementation -MRPL has conferred the prestigious "Skoch Foundation Order -of-Merit Award" for the best project in the country 2016 -MRPL readies Rs 11,000 cr to hit 25 mt refining capacity 2017 - MRPL gets environmental clearance for BS VI project 2020 -MRPL won Silver Medal IGMC award 2021 -MRPL was recognised as one of the four topmost contributors for the conservation of wildlife/ Support to Zoo's by the Zoo Authority of India - Mangalore Refinery and Petrochemicals Ltd. (MRPL) proudly announces the commissioning of its 25th Retail Outlet at Mandarthi - MRPL Agreement for Door to Door Delivery of HSD with M/s. PEP Fuels - MRPL Awarded "FIRST Prize" on PRSI National Award-2021 for "Innovation in Marketing Strategies during Covid times 2022 -MRPL won PRCI Zonal Award for Best PSU implementing CSR for Social Cause. -MRPL wins coveted Energy Technology Awards. -MRPL has bagged First prize for Safe Operations in the Oil Industry category and Safety award for Co-Gen Boiler (Power/ Process) in the prestigious award ceremony. -MRPL wins Eight PRCI National Excellence Awards. 2024 -MRPL launches State-of-the-Art Bitumen Production Train. -MRPL Receives Special Award for Innovation at Energy Technology Meet. -MRPL Wins the Mahatma Award 2024 for HR Excellence and Social Impact . -MRPL Contributes 47 Lakhs to Akshaya Patra Foundation for Mid-Day Meal Program. -MRPL donates Rs. 1 Cr. for Endosulfan Victims Care . -MRPL Extends CSR Support to Strengthen TB Elimination Efforts in Karnataka.

1988 - The Company was incorporated on 7th March, pursuant to a Memorandum of Understanding (MOU) dated 26th June, 1987 executed between the President of India representing the Government of India (GOI), Hindustan Petroleum Corporation Limited (HPCL) and Indian Rayon & Industries Limited (IRIL) for the purpose of setting up a refinery at Mangalore in the state of Karnataka. - The Company obtained the Certificate of Commencement of business on 2nd August, from the Registrar of Companies, Karnataka and subsequently the Letter of Intent from the Government India. - The Company was promoted by Hindustan Petroleum Corporation Ltd., Indian Rayon and Industries Ltd., Grasim Industries Limited, Hindalco Industries Ltd., and Indo Gulf Fertilisers and Chemicals Corp. Ltd., 1993 - The Company has made a mega Public Issue consisting 4,31,60,000 16% Secured Redeemable Partly Convertible Debentures (PCDs) of Rs.135/- each aggregating to Rs.582.66 crores and 2,80,00,000/- 17.5% Secure Redeemable Non Convertible Debentures of Rs.200/- each (with detachable Equity Warrants) aggregating to Rs.560 crores. - The Company has already tied up the entire Foreign Exchange requirements of the project. - The Company has tied up process technologies with internationally reputed technology suppliers. 1995 - The Company had already tied up the entire funds required for the project. 1996 - The Company has already tied-up the debt (both foreign exchange and rupee) required for the expansion of capacity. 1997 - MRPL commissioned its three million tonnes refinery towards the end of 1995-96 and it has been operating at more than 100 per cent capacity. 1998 - The Company has entered into an agreement with the National Securities Depository Limited (NSDL) to facilitate investors to hold the Shares in the electronic form. 1999 - The Company had issued 376947036 FCDs of Rs.19.26 each to the Promoter Companies for raising part Funds required for the expansion project which were converted into 376947036 equity shares of Rs.10/- each at a premium of Rs.9.26 per equity share. - MRPL is signing a crude-sourcing deal with the Chevron-Texaco combine. 2000 - The Company a joint venture between the AV Birla group and Hindustan Petroleum, is set to register losses of arond Rs 300 crore for the 1999-2000 financial year. - Reliance Petroleum and Mangalore Refineries have entered into First World markets with petro-products like motor spirit at prices, which are not only competitive but have also contributed to the bottomlines of these companies. - The Company has enhanced its refining capacity to 12 million tonnes through a cost-effective process of debottlenecking some units. - The Company is expanding its refining capacity from the existing 3 to 9 million tonnes per annum. - The Company joint venture between the Aditya Birla group and Hindustan Petroleum Corporation Ltd has been its outstandings from the Oil Coordination Committee rise to whopping Rs 792 crore. - H.L. Zutshi has been elected as Chairman of the company for period of two years. - Jagdish Mehta has stepped down as joint MD of Mangalore Refinery and Petrochemicals the nine million tonne refinery promoted by HPCL and the AV Birla group of companies. - The Company despite intense lobbying with Petronet India, has been denied a 26 per cent stake in the Mangalore-Bangalore propline. 2001 - ICRA has downgraded the non-convertible debenture program and the partially-convertible debenture programe of the company. - Refineries and Petrochemicals Ltd (MRPL) has reported a net loss of Rs 185.04 crore for the year ended March 31, 2001. 2002 - Mangalore Refinery & Petrochemicals Ltd has informed that IDBI has appointed their nominee Shri G M Ramamurthy on the Board of the company. -New Delhi: The board of directors of Oil and Natural Gas Corporation (ONGC) has approved the acquisition of the Aditya Birla group's stake in the joint venture Mangalore Refinery and Petrochemicals Ltd (MRPL). -Mangalore Refinery & Petrochemicals Ltd has informed that the Board of Directors approved issuance of additional Equity Shares upto Rs 20,000 million on preferential basis as per the existing SEBI guidelines for such issue of preferential shares to ONGC and /or Lenders of the Company on conversion of their debt into equity as part of a proposed financial restructuring of the company subject to approval of Shareholders of the company and lenders of the company and lenders of the company and further subject to approval of Govt. of India for cancellation of tripartite MOU dated June 26,1987 between Govt. of India, Hindustan Petroleum Corporation Ltd. (HPCL) and Indian Rayon & Industries Ltd. (IRIL) and completion of sale of Shares of IRIL and its associates in MRPL to ONGC. 2003 -Mangalore Refinery and Petrochemical Ltd has informed BSE that ONGC has acquired its 37.38% equity stake. -Shri.M.C.Bhargodia, Shri B.N.Puranmalka, Shri P Ramakrishnan, Shri Ravi Kastia have resigned as directors of the company. -ICRA has assigned 'A1 ' rating to MRPL in respect of its short term borrowings programme. -MRPL issued MIBOR linked bonds of Rs.500million with a green shoe option of Rs.250million at the interest of MIBOR plus 15 basispoint. -ONGC and MRPL have signed a Memorandum of Understanding for the supply of crude oil. -Becomes the third largest refinery in India 2004 -Shell ties up with MRPL for petro products -MRPL prepays Rs 2,380 Cr under debt restructuring package -MRPL inks agreement with Shell -Equity shares of Mangalore Refineries and Petrochemicals, a subsidiary of state-owned Oil and Natural Gas Corporation, enter 'A' group of scrips at Bombay Stock Exchange from March 1, 2004 -Mangalore Refinery & Petrochemicals Ltd has informed that Oil & Natural Gas Corporation Ltd, the promoter company has nominated Dr Ashok Kumar Balyan, Director (HR) ONGC, as director on the Board of MRPL 2005 -MRPL signs pact with Saudi, Iran firms for crude supply -MRPL forges alliance with Ashok Leyland for retail outlets - The Centre for High Technology (CHT) selects Mangalore Refinery and Petrochemicals Ltd (MRPL) for the Jawaharlal Nehru centenary awards for energy performance of refineries for 2003-04. -MRPL bags Jawaharlal Nehru award 2006 -Mangalore SEZ Co names Subir Raha as chairman -Mangalore Refinery forges alliance with Abu Dhabi firm -MRPL inks agreement with Mauritius co -Mangalore Refinery & Petrochemicals Ltd (MRPL) has informed that ICRA Ltd has assigned an Issuer Rating of "IR AAA" (pronounced as "IR Triple A") to the Company. 2007 -Mangalore Refinery & Petrochemicals Ltd (MRPL) has appointed Shri. V P Joy as Director of the Company w.e.f. January 16, 2007. -Mangalore Refinery & Petrochemicals Ltd (MRPL) has appointed Shri. V K Dewangan, Deputy Secretary (E-I), Ministry of Petroleum & Natural Gas as Director of the Company w.e.f. March 05, 2007. -MRPL signs long-term product supply agreement with Shell -MRPL receives award for energy performance 2008 -Mangalore Refinery & Petrochemicals Ltd has entered into an agreement to form a Joint Venture with Shell for domestic marketing of Aviation Fuel. -MRPL & SHELL enter into Joint Venture in Aviation Fuelling Business -Shell-MRPL joins hand to supply ATF to Jet Airways 2009 -MRPL to buy crude from Cairn's Rajasthan blocks -MRPL gets first consignment of crude from Cairn 2010 - Shri P. P. Upadhya has been appointed as Director. - Shri B. Sukumar has been relieved from the company as Company Secretary, and Shri Dinesh Mishra has assumed the charge of Company Secretary and Compliance Officer. - Board has recommended dividend of Rs. 1.20 per Equity Share. 2011 - Vishnu Agrawal is MRPL new Director-Finance. - Board have recommended dividend of Rs. 1.20 Paise per equity share. 2012 - Mangalore Refinery and Petrochemicals Ltd has informed BSE regarding a Press Release dated June 06, 2012 titled "Government of Karnataka sanctions special Incentive package for MRPL phase III Expansion and Upgradation Project". - P. P. Upadhya takes over as MD, MRPL . - Dr. D Chandrasekharam has been appointed as an Independent Director on the Board of the Company. - Board have recommended dividend of Rs. 1.00 per Equity Share. 2014 -MRPL starts its Petro Fluidized Catalytie Cracking unit 2015 -MRPL buys cargo of Djeno crude -MRPL won the first prize for outstanding performance in the area of Hindi Implementation -MRPL has conferred the prestigious "Skoch Foundation Order -of-Merit Award" for the best project in the country 2016 -MRPL readies Rs 11,000 cr to hit 25 mt refining capacity 2017 - MRPL gets environmental clearance for BS VI project 2020 -MRPL won Silver Medal IGMC award 2021 -MRPL was recognised as one of the four topmost contributors for the conservation of wildlife/ Support to Zoo's by the Zoo Authority of India - Mangalore Refinery and Petrochemicals Ltd. (MRPL) proudly announces the commissioning of its 25th Retail Outlet at Mandarthi - MRPL Agreement for Door to Door Delivery of HSD with M/s. PEP Fuels - MRPL Awarded "FIRST Prize" on PRSI National Award-2021 for "Innovation in Marketing Strategies during Covid times 2022 -MRPL won PRCI Zonal Award for Best PSU implementing CSR for Social Cause. -MRPL wins coveted Energy Technology Awards. -MRPL has bagged First prize for Safe Operations in the Oil Industry category and Safety award for Co-Gen Boiler (Power/ Process) in the prestigious award ceremony. -MRPL wins Eight PRCI National Excellence Awards. 2024 -MRPL launches State-of-the-Art Bitumen Production Train. -MRPL Receives Special Award for Innovation at Energy Technology Meet. -MRPL Wins the Mahatma Award 2024 for HR Excellence and Social Impact . -MRPL Contributes 47 Lakhs to Akshaya Patra Foundation for Mid-Day Meal Program. -MRPL donates Rs. 1 Cr. for Endosulfan Victims Care . -MRPL Extends CSR Support to Strengthen TB Elimination Efforts in Karnataka.

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Parent Organisation

Mangalore Refinery And Petrochemicals Ltd.

Founded

07/03/1988

Managing Director

Mr.M Shyamprasad Kamath

NSE Symbol

MRPLEQ

FAQ

The current price of Mangalore Refinery And Petrochemicals Ltd is ₹ 134.21.

The 52-week high for Mangalore Refinery And Petrochemicals Ltd is ₹ 136.48 and the 52-week low is ₹ 132.90.

The market capitalization of Mangalore Refinery And Petrochemicals Ltd is currently ₹ 23521.63. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Mangalore Refinery And Petrochemicals Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Mangalore Refinery And Petrochemicals Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Mangalore Refinery And Petrochemicals Ltd shares.

The CEO of Mangalore Refinery And Petrochemicals Ltd is Mr.M Shyamprasad Kamath, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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