MRPL

Mangalore Refinery and Petrochemicals Limited (MRPL) received notices and fines of ₹5,68,760 each from BSE and NSE for non-compliance with SEBI LODR Regulations regarding the composition of its Board and Sub-committees for the quarter ended March 31, 2026. MRPL has appealed for a waiver, citing its status as a Central Public Sector Enterprise where director nominations are made by the Government of India.

Mangalore Refinery and Petrochemicals Limited (MRPL) has launched its "Second 100 Days Campaign - Saksham Niveshak" from April 01, 2026, to July 09, 2026. This initiative, following directives from the IEPFA, encourages shareholders to update their KYC details and claim any unpaid or unclaimed dividends before they are transferred to the Investor Education and Protection Fund (IEPF).

MRPL received authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) for laying, building, operating, or expanding a petroleum and petroleum product (ATF) pipeline from Devangonthi to Kempegowda International Airport, Bengaluru. The pipeline will have a system capacity of 2.5 MMTPA and is to be executed within 36 months.

Mangalore Refinery and Petrochemicals Limited (MRPL) has received a final order from the Customs Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore, ruling in its favor. This decision makes MRPL eligible for a refund of ₹212.53 crore, which was previously paid under protest during a classification dispute. The ruling also extinguishes a contingent liability aggregating to ₹616.82 crore, significantly improving the company's cash flow position.

MRPL, ONGC, and OPaL are forming an Integrated Petrochemicals Marketing & Trading Joint Venture Company with 50:25:25 shareholding (ONGC:MRPL:OPaL). MRPL will contribute ₹12.5 crore. The JVC aims to integrate marketing, reduce costs, and increase revenue, subject to DIPAM approval.