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MRPL acquires 100% stake in ONGC Mangalore May 20, 2021 Acquires remaining 0.00027776% share in OMPL from ONGC ONGC Mangalore Petrochemicals Ltd (OMPL), a subsidiary of Mangalore Refinery and Petrochemicals Ltd (MRPL), has now become a wholly owned subsidiary of MRPL. This follows the acquisition of the remaining 0.00027776 per cent share in OMPL by MRPL from ONGC. MRPL informed the stock exchanges on Thursday that the board meeting of MRPL, on October 19, had approved the acquisition of 124,66,53,746 equity shares of ₹10 each of OMPL from ONGC. Accordingly, a share purchase agreement (SPA) was executed with ONGC for the acquisition. An amount of ₹1216,73,40,561 was paid towards consideration for acquisition of 124,66,53,746 equity shares at a price of ₹9.76 per share. ....
March 06, 2021 × Mangalore Refinery and Petrochemicals Ltd (MRPL) has signed a memorandum of understanding (MoU) with the Karnataka State Forest Department to support afforestation in the coastal region. Under this agreement, MRPL agreed to extend financial support to the tune of ₹1,45,80,794 (excluding taxes). MRPL will be assisting the Forest Department’s initiative towards its plantation project at Tannirbavi village near Bengre deemed forest area. A total of 4,000 plants of various species are planned to be planted on 10 hectares. A statement by MRPL said here on Saturday that the company will also assist the Forest Department by supporting its seashore afforestation mitigation measures. MRPL has taken up this project under its Corporate Environment Responsibility project, it said. ....
Updated Feb 02, 2021 | 09:04 IST HDFC, Tata Global, Gujarat State Fertilisers & Chemicals, IIFL Wealth Management, Dixon Technologies to deliver Q3 earnings today. Stocks to track in trade for February 2, 2021: Thyrocare Technologies, Castrol India, MRPL, NMDC, VST Tillers, Coal India Key Highlights PVR declared the closure of issue period for the QIP and approved the issue price Power Grid declared successful bidder under tariff-based competitive bidding to establish transmission system Thyrocare Technologies The net profit of Thyrocare Technologies rose 17.82% to Rs 32.39 crore in the quarter ended December 2020 versus Rs 27.49 crore YoY. Sales rose 30.70% to Rs 138.27 crore in the quarter versus Rs 105.79 cr YoY. The imaging services of the company remained under pressure while the diagnostic and testing services saw a sharp boost. ....