The Board of Directors of Mangalore Refinery and Petrochemicals Limited (MRPL) has declared an Interim Dividend for the Financial Year 2025-26 at a rate of ₹4/- per equity share. Furthermore, the Board has approved the appointment of M/s Kumar Naresh Sinha & Associates as the Secretarial Auditor for a five-year term, commencing from the Financial Year 2026-27.
Interim Dividend Declared for FY 2025-26
The Board of Directors of Mangalore Refinery and Petrochemicals Limited (MRPL) met on March 03, 2026, and approved the declaration of an Interim Dividend for the Financial Year 2025-26. The dividend rate has been set at ₹4/- (Rupees Four only) per equity share, which translates to 40% on the face value of ₹10/- per share. The Board fixed the ‘Record Date’ for determining the eligibility of shareholders to receive this dividend as March 11, 2026. The payment of this Interim Dividend is scheduled to occur on or before April 02, 2026.
Appointment of Secretarial Auditor Approved
In a subsequent decision, the Board approved the appointment of M/s Kumar Naresh Sinha & Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company. This appointment is for a term spanning five consecutive financial years, covering the period from FY 2026-27 till FY 2030-31. The proposal for this appointment will be presented for shareholder approval during the ensuing Annual General Meeting.
Details of the Appointed Auditor
The firm, M/s Kumar Naresh Sinha & Associates, holds a strong track record, with its proprietor, Shri. Naresh Kumar Sinha, possessing over 40 years of rich experience in Company Secretarial roles across various Private and Public Sector entities. The appointment is subject to subsequent shareholder approval.
Source: BSE
