Manali Petrochemicals has informed that at the meeting held on January 31, 2017 the Board has Reappointed Muthukrishnan Ravi as the Managing Director for a further period of three years with effect from July 29, 2017, subject to such approvals as may be required; and Additional investment up to $1 million in AMCHEM Speciality Chemicals, Singapore, the Wholly Owned Subsidiary in one or more tranches for exploring further overseas business opportunities.
The above information is a part of company’s filings submitted to BSE.
