Whalesbook
Manali Petrochemicals Limited has successfully sold its step-down subsidiary, Notedome Limited (UK), to Italy-based C.O.I.M. S.p.A. for ₹247 crore. This divestment is a strategic move to sharpen Manali Petrochemicals' focus on its core Indian businesses, particularly its polyols product portfolio and derivatives. The company will continue marketing cast elastomers in India under a new brand. C.O.I.M. gains a strengthened international presence in the polyurethane systems sector.