Bharat Petroleum Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.
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BPCL has informed the stock exchanges that three of its Independent Directors — Shri Pradeep Vishambhar Agrawal, Shri Gopal Krishan Agarwal, and Prof. Bhagwati Prasad Saraswat — have ceased to hold office with effect from 28th March 2026, due to the completion of their tenure. The company has not announced any immediate replacements in this filing. The disclosure was made under SEBI's Listing Regulations, signed by Company Secretary V. Kala. This is a routine governance update, as independent directors serve fixed terms as per company law.
This is a routine, planned exit of independent directors at the end of their terms and does not signal any governance concern. Investors should watch for announcements on new independent director appointments to reconstitute the board, but expect no material impact on the stock.