Manali Petrochemicals Limited at its Board of Directors meeting held on 27 May 2020 has appointed Mr. M Karthikeyan as an Additional Director and Whole time Director (Operations), with effect from 28 May 2020, in the place of Mr. C Subash Chandra Bose, whose term of office as Whole time Director ends on 27 May 2020. Mr. Karthikeyan has confirmed that he is not disqualified or debarred from being appointed as a Director of the Company by SEBI, MCA or any such authority.