Chennai Petroleum Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.

Multiple Ind Directors ResignedManagement Changes View source PDF

CHENNPETRO · price

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₹965.00

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₹950.00

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AI summary

Chennai Petroleum Corporation Limited has informed the stock exchanges that Mr. Ravi Kumar Rungta (DIN: 00993270) and Dr. C.K. Shivanna (DIN: 09398521) have ceased to be Independent Directors on the company's board effective from the close of business hours on 28 March 2026. The exit is due to the completion of their tenure, and is not linked to any resignation, removal, or governance issue. The disclosure was filed under SEBI LODR Regulation 30 with the required details provided in Annexure I. The company has not announced any replacement appointments at this stage.

Likely market impact

This is a routine, planned exit and is unlikely to have a material impact on the stock. Investors may want to watch for the appointment of new independent directors to fill the two vacancies on the board in due course.