Hindustan Oil Exploration Company Limited has informed the Exchange about General Updates
HINDOILEXP · price
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Mr. Pronip Kumar Borthakur (DIN: 06417854) retired from the position of Non-Executive Independent Director of the company with effect from end of day on June 14, 2026, upon completing his maximum permissible tenure of two consecutive 5-year terms. The Board recorded its appreciation for his contributions during his tenure. Additionally, the Board has re-constituted its sub-committees — Audit, Nomination & Remuneration, Corporate Social Responsibility, and Risk Management Committees — effective the same date, with new chairpersons and members appointed across these committees.
This is a routine corporate governance update with no material impact on the company's financials or operations. Shareholders should note the change in board composition and committee leadership, which is standard upon completion of an Independent Director's tenure.