GP Petroleums Limited has informed the Exchange regarding Appointment of Mr Dilip U Vaswani as Senior Advisor to the Board of the company w.e.f. October 03, 2025.
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GP Petroleums announced the appointment of Mr. Pradeep Kishore Mittal as the 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 HPCL and nearly three decades at Elf/Total Energies, most recently serving as Founding Managing Director of Indian Oil Total Pvt. Ltd. Additionally, Mr. Dilip U. Vaswani has been appointed as Senior Advisor to the Board, designated as Senior Management Personnel. Mr. Vaswani has 28+ years of experience with the Total Group and was formerly Chairman & Managing Director of Total Oil India Pvt. Ltd. Both appointments were made on the recommendation of the Nomination and Remuneration Committee at the September 30, 2025 board meeting.
The appointments bring seasoned leadership with deep lubricants and downstream petroleum expertise, potentially strengthening the company's strategic direction and operational capabilities. For shareholders, this signals a focus on experienced industry veterans to drive growth, which is generally viewed positively.