Mangalore Refinery and Petrochemicals (MRPL) — Board Meeting

📢 Key Event
MRPL's 38th AGM approved FY2025-26 financials and declared final dividend.

🔄 What Changed
Declared final dividend of 40% (₹24 per share) amounting to ₹2701.04 crores.

🔮 What's Next
Commissioning of Green Hydrogen plant (500 tons/year) and Sustainable Aviation Fuel plant by early next year.

💡 Investor Takeaway
The dividend payout reflects strong profitability and commitment to shareholder returns despite market volatility.

MRPL held its 38th AGM on August 24, 2026, approving the FY2025-26 audited financials, declaring a final dividend of 40% ([amount context mismatch] per share) totaling ₹2701.04 crores, appointing new directors including Dr. Seema, and sanctioning material related party transactions. The Chairman highlighted strong financial performance with PAT at ₹21,931 crores and revenue of ₹21,05,155 crores, alongside strategic sustainability initiatives like green hydrogen and sustainable aviation fuel projects.

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About Mangalore Refinery and Petrochemicals Limited (MRPL)

Oil Gas & Consumable Fuels · Refineries · Listed on NSE

Market Cap: ₹29,837.99 Cr P/E: 9.5 ROE: 22.1% ROCE: 23.0% Div Yield: 2.35%

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🔥 Also filed on 24 August 2026

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

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