Pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Mangalore Refinery & Petrochemicals has informed that the Board of Directors at its Meeting held on January 20, 2025, considered and approved the following: Acquisition of 1,34,80,000 equity shares of Mangalore SEZ Limited (MSEZ) from IL&FS at revised price. After this acquisition, equity stake of the Company shall increase from 0.96% to 27.92% in MSEZ as informed in an earlier letter dated 22/03/2024. Supplementary information pursuant to SEBI circular No. CIR/CFD/CMD/4/2015 dated 09/09/2015 in this regard, is attached at Annexure - A. The Board Meeting commenced at 09:30 hrs and concluded at 12:36 hrs. The above information will be available on the Company's website www.mrpl.co.in
The above information is a part of company’s filings submitted to BSE.
