Chennai Petroleum Corporation Limited has informed the Exchange regarding Appointment of Mr V C ASOKAN as Non- Executive Director of the company w.e.f. April 02, 2026.
CHENNPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Chennai Petroleum Corporation Limited (CPCL) has appointed Mr. V.C. Asokan as a Non-Executive Nominee Director on its board, effective April 2, 2026. Mr. Asokan is currently serving as Executive Director (Tamil Nadu State office & Southern Region) at Indian Oil Corporation Limited (IOCL), CPCL's holding company, and has been nominated by IOCL to represent it on the CPCL board. He holds a Master's in Business Management and brings over three decades of experience across petroleum operations, industrial sales, bunker fuel sales, and retail sales in the oil and gas sector. He has also previously served as Vice President (Sales) at Lanka IOC PLC in Sri Lanka. The company confirmed he is not debarred from holding a directorship by any authority.
This is a routine board-level change driven by CPCL's promoter and holding company IOCL nominating one of its senior executives. For shareholders, it is largely administrative and is unlikely to have a direct impact on the stock price or business operations.