Hindustan Oil Exploration Company Limited has informed the Exchange regarding Resignation of Mrs Bhavani Balasubramanian as Non- Executive Independent Director of the company w.e.f. February 22, 2026.
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Mrs. Bhavani Balasubramanian (DIN 09194973) has resigned from her position as Non-Executive Independent Director of Hindustan Oil Exploration Company Limited, effective February 22, 2026. The reason cited is personal — specifically, the need for continuous travel and presence outside her usual place of residence for an extended period, which conflicts with the time commitment required for an Independent Director role. The board has recorded its appreciation for her contributions and has reconstituted all five sub-committees (Audit, Nomination & Remuneration, Stakeholders' Relationship, CSR, and Risk Management) effective February 23, 2026, to fill the vacancy. She also served on the boards of HCL Technologies, Sundaram Finance, and Sundaram Home Finance.
This is a routine single-director exit for personal reasons with no governance red flags or material concerns disclosed. The board has already reconstituted committees, so operational and governance continuity is maintained. Minimal impact expected on the stock or shareholder interests.