GP Petroleums Limited has informed the Exchange regarding Appointment of Mr Pradeep Kishore Mittal as Chief Executive Officer and Key Managerial Personnel of the Company w.e.f. October 03, 2025.
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GP Petroleums has appointed Mr. Pradeep Kishore Mittal as its new Chief Executive Officer and Key Managerial Personnel, effective October 3, 2025. Mr. Mittal brings over 38 years of industry experience, including a decade at Hindustan Petroleum and nearly 30 years at Elf/Total Energies, where he most recently served as Founding Managing Director of Indian Oil Total Pvt. Ltd. The company has also appointed Mr. Dilip U. Vaswani as Senior Advisor to the Board, designated as Senior Management Personnel, effective the same date. Mr. Vaswani has 28+ years of experience with the Total Group, including stints as Chairman & MD of Total Oil India. Both appointments were made on the recommendation of the Nomination and Remuneration Committee, and neither appointee is related to any existing director on the board.
The appointment of two senior leaders with deep lubricants and downstream petroleum industry experience signals a strategic strengthening of GP Petroleums' leadership team, which could support growth in its core lubricant business. Shareholders may view the move positively given the strong industry pedigree of both appointees, though actual impact will depend on execution.