HINDPETRONSEHindustan Petroleum Corporation Limited· RefineriesMediumNeutral
Announced Tue, 5 May · 11:05 IST

Hindustan Petroleum Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

HINDPETRO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.8%1-day move
₹374.00
prior close
₹367.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.2+0.0-0.2+6.8+6.5+3.6+1.1-0.9+1.1+6.1+3.0+7.0
Up moveDown movePending
AI summary

Shri Vivekananda Biswal (DIN: 00977767) has ceased to be Independent Director of Hindustan Petroleum Corporation Limited effective May 05, 2026. The departure was due to the completion of his tenure as Independent Director on May 04, 2026. This is a standard, pre-planned transition as per applicable regulations. The company has informed both BSE (Scrip Code: 500104) and NSE (Scrip Name: HINDPETRO) about this change in compliance with SEBI Listing Regulations.

Likely market impact

The stock is unlikely to see any immediate negative reaction as this is a routine tenure completion. However, shareholders should monitor for the appointment of a replacement Independent Director to maintain board composition as per SEBI norms.