Manali Petrochemicals Limited

SPIC House, 88, Mount Road, Guindy, Chennai - 600 032

Telefax: 044 - 2235 1098 Website: www.manalipetro.com
CIN : L24294TN1986PLC013087

Ref: MPL / Sect! I BSE & NSE I E-2 & E-3 I 2019
February 12, 2019

The Manager, The Listing Department

Listing Department, National Stock Exchange of India
BSE Limited Limited
Corporate Relationship Department Exchange Plaza, 5" Floor,
1" Floor, New Trading Ring, Plot No.C/1, G Block,
Rotunda Building, P J Tower, Bandra-Kurla Complex,
Dalal Street, Fort, Bandra (East)
Mumbai - 400 001 Mumbai - 400 051
Stock Code· 500268 Stock Code· MANALIPETC

Dear Sir,
Sub:Unaudited Financial Results for the quarter and nine months ended 31" December 2018
-reg

Pursuant to Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, please find enclosed the Unaudited Financial Results of the Company
for the quarter and nine months ended 31" December 2018 approved by the Board of
Directors at the meeting held today together with a copy of the Limited Review Report
of the Auditors.
We request you to kindly take the above on record.
Thanking you,
Yours faithfully,
For Manali Petrochemicals Limited

R Kothandaraman
Company Secretary

Encl.: as stated

ISO 9001 REGISTERED ISO 14001 REGISTERED

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Factories:
Plant - 1 : Ponneri High Road, Manali, Chennai - 600 068
Plant - 2: Sathangadu Village, Manali, Chennai - 600 068 IEQ
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RvA[024 Phone : 044 - 2594 1025 Fax : 044 - 2594 1199 ·P i'i
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Av AC 014
DNV Certification 8 V . The Netherland$ DNV Certilk:.tion B.V., Ttle Nethet1and1
E-mail: companysecretary@manalipetro.com
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--------------------------····················································-··-"-------------------------- Chartered Accountants

tlmlted Review Report on Quarterly and Year to date Unaudited Standalone Flnanda!
Results of The Manali Petrochemicals limited pursuant to the regulation 33 of the SEB!
{Listing Obligations and Disclosure Requirements} Regulations, 2015

To
Board of Directors,
The Manall Petrochemicals Limited
ChennaL

1. We have reviewed the accompanying statement of unaudited standalone financial

results (the Statement") of The Marmli Petrochemicals limited ( 'the Company") for 1

the period ended 31" December 2018 attached heri~vvith, being submitted by the
Cornpanv pursuant to the requirement of Regulation 33 of the SEB1 (Usting Obligation~;
and Disclosure Requirernents) Regulations, 2015.

2, lhis statement is the responsibility of thl~ Company's Managementandhas been

approved by the Board of Directors in their meeting held on iz" February 2019. Our
responsibility is to issue a report on this statement based on our review

3. 'v\/e conducted our review in accordance with the Standard on Review fngagerni::>nt
(SRE) 2410, "Review of tnterirn Financial Information Performed by Independent Auditor
of the Entity" specifler.1 under section 143(10) of the companies /\ct 20EL This standard
requires that weplan and perforrn the review to obtain moderate assurance as to
whether the financial results are free of rnateriai misstatement J\ review ls limired
primarilv to inquirit=:s of company personnel and analytical procedures applied to
financial data and thus provides less assurance than an audit. We have not performed
an audit and accordingly, we. donot expn:.;ss an audit opinion

4. VVithout qualifylng our review conclusion, attention is invited to

a. Note No.2 to the financial results, which explains the period of lease re!::'itlngto ti1e
!easehold land on which one of the manufacturing units of the Company is oper(~ting
has since expired on June 30, 2017 for which requests for renewal have been filed
by- tile Company w\U1 Govt. of Tarn!! Nadu. (the Lessor) and extension of !ease is
awaited. Pending renewal of lease, no adjustments have been made in the financial
results for the quarter tor any potential ;rnpact of non-renewat of land lease ,Nhlch is
unascertainable at this point of time. Further thl~ management is confidmrt of
obtaining the rent,wal of lease of land.

48 . MasiL,imani Road, B;eda_H Nagar, Hoyap;~ttah, T~+,91~044.-281311.?.8/38/48 ! F~+9·l-044-·28":3 ·;:53

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-~-----·------·······-·······-------------------------- Cha rte red Accnuntants

5. Based on our review conducted as above, nothing has come to our attention that causes
us to believe that the accompanying statement of unaudited financial results prepared
in accordance with applicable accounting standardsi.e. Ind .AS prescribed under section
133 of the Companies Act, 2013 and other recognized accounting practices and policies
has not disclosed the information required to be disclosed Interrns of Hegulation 33 of
the SEHi (U;;ting Obligations and Disclosure Requirements) Regulations.. 2015_.
includingthe manner in which it is to be disc!os1.~d, or ti'FH it contains any rnaterial
mi:>statement.

For Brahmayya& Co.,

Chartered Accountants

Place : Chennai Partner

Date : February 12, 2019 fviernbership No. 0265 JS

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