Mangalore Refinery and Petrochemicals Limited (MRPL) — Announcement Announcement

· NSE Neutral
📢 Key Event
MRPL receives PNGRB authorization for 2.5 MMTPA ATF pipeline at Bengaluru airport
💡 Investor Takeaway
The authorization enables critical aviation fuel infrastructure development at a major airport without related party complications.

Mangalore Refinery and Petrochemicals Limited announced it received authorization from the Petroleum and Natural Gas Regulatory Board to build, operate, and expand a 2.5 MMTPA ATF pipeline from Devangonthi to a fuel farm and satellite station within Kempegowda International Airport in Bengaluru. The disclosure complies with SEBI Listing Obligations and Disclosure Requirements Regulation 30. The project involves domestic entity award of significant infrastructure development with no related party interests. This regulatory approval enables critical aviation fuel infrastructure expansion at India's major airport.

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About Mangalore Refinery and Petrochemicals Limited (MRPL)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹26,345.06 Cr P/E: 32.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.