CFO Rajneesh Narang retires; K Vinod appointed as new CFO

Cfo ResignedManagement Changes View source PDF Explain this filing

HINDPETRO · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹393.95

prior close

₹387.05

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.4%-0.2% vs market

Refineries & Marketing peers, median of 12sector-0.8%-0.7% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and 0.7 pts less than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.4

15m

+0.4

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.4-0.2-0.8-0.7

Next day

-2.5-1.2-1.3-1.4-1.1

-2.8-1.6-1.2-2.3-0.5

-1.6-1.1-0.5-1.3-0.3

-2.2-1.4-0.8-1.5-0.7

-5.5-2.9-2.7-4.6-0.9

-4.9-2.9-2.0-4.1-0.7

15d

-0.4+2.2-2.6-1.1+0.7

-0.4+1.1-1.6-3.9+3.5

-0.2+3.8-4.0-4.0+3.8

-8.0+3.0-11.0-2.3-5.8

UpDownMarket · Nifty Midcap 150Sector · Refineries & Marketing peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Director-Finance and CFO Rajneesh Narang superannuated on May 31, 2026. K S Shetty, Director-HR, given additional charge of Director-Finance for three months. K Vinod, a Chartered Accountant with over three decades of experience, appointed as CFO from June 1, 2026. K Vinod was earlier CFO of HPCL from September 2024 to March 2025.

Likely market impact

Smooth internal succession with an experienced insider taking over as CFO; Director-Finance role on temporary charge until a regular appointee is named.