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