MANGALORE REFINERY AND PETROCHEMICALS LIMITED

    Mangalore Refinery AND Petrochemicals Limited is a Union Govt company, incorporated on 07 Mar, 1988. It's a public unlisted company and is classified as'company limited by shares'.

    Company's authorized capital stands at Rs 300000.01 lakhs and has 58.422134% paid-up capital which is Rs 175266.41 lakhs. Mangalore Refinery AND Petrochemicals Limited last annual general meet (AGM) happened on 19 Aug, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).

    Mangalore Refinery AND Petrochemicals Limited is majorly in $ business from last 36 years and currently, company operations are active. Current board members & directors are SEWA RAM, VENKATESH MADHAVA RAO, SHASHI SHANKER, AKSHAYA KUMAR SAHOO, KUMAR HARIHARAN, MAHESH KODIHALLY MAHADEVPRASAD, VIRUPAKSHAN PRANATHARTHIHARAN, MANJULA CHELUVEGOWDA and BALBIR SINGH .

    Mangalore Refinery AND Petrochemicals Limited registered address is MUDAPADAV, KUTHETHUR P.O. VIA KATIPALLA MANGALORE KA 575030 IN.

    Mangalore Refinery AND Petrochemicals Limited Details

    CINL23209KA1988GOI008959
    Date of Incorporation07 Mar, 1988
    StatusActive
    Company CategoryCompany limited by Shares
    Company Sub-categoryUnion Govt company
    Company ClassPublic
    Authorized Capital300000.01 lakhs
    Paid-up Capital175266.41 lakhs
    Paid-up Capital %58.422134
    Registrar Office CityBangalore
    Registration Number8959
    Listing StatusUnlisted
    AGM last held on19 Aug, 2017
    Balance Sheet last updated on31 Mar, 2017

    Mangalore Refinery AND Petrochemicals Limited News

    • Indian Oil Corporation (IOC) is investing over Rs 21,000 crore to expand its Barauni refinery and establish a city gas distribution network in Bihar. The refinery's capacity will increase from 6 to 9 mtpa, including a new petrochemical plant.

      The retail segment was affected by a demand slack in the fashion and lifestyle (F&L) vertical and a sequential decline in total store area. The digital segment reported a sequential drop in subscriber numbers amid tariff hikes and higher average revenue per user (ARPU).

      ONGC is implementing a four-part strategy to become an integrated energy company. This includes diversifying into renewable energy, enhancing existing operations, adopting digital tools, and expanding in petrochemicals. The company also aims to achieve net-zero emissions by 2038. A significant capital infusion will help reduce OPaL’s debt and support ONGC's ambitious growth plans.

      The Inland Waterways Authority of India successfully transported a large Over Dimensional Cargo to Numaligarh Refinery via the Indo Bangladesh Protocol Route. This marks a significant development in Assam's logistics sector. Numaligarh Refinery Limited is expanding its capacity and has made substantial progress on its mega expansion project, expected to be completed by December 2025.

      ONGC has appointed Arunangshu Sarkar as Director for strategy and corporate affairs in a board revamp aimed at revitalizing the company. Sarkar, previously Group General Manager (Production), will oversee joint ventures, downstream petrochemicals, new energy, corporate strategy, marketing, and legal. The restructuring follows McKinsey's Organisation Transformation Project recommendations.

    * Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 04 Dec, 2018.

    Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.

    The Economic Times

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