HINDPETRONSEHindustan Petroleum Corporation Limited· RefineriesMediumNeutral
Announced Tue, 6 May · 10:15 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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hindustan Petroleum Corporation Limited (HPCL) has re-appointed Shri Vivekananda Biswal (DIN: 00977767) as an Independent Director on its Board, effective May 5, 2025, for a period of one year or until further orders, whichever is earlier. The re-appointment was advised by the Ministry of Petroleum and Natural Gas (MoP&NG), HPCL's administrative ministry. Biswal is a Post Graduate in Commerce and a member of the Institute of Cost Accountants of India, and also serves on the boards of other companies. He is not related to any existing director and is not debarred by SEBI from holding a directorship.

Likely market impact

This is a routine governance announcement with no material impact on shareholders or the stock price. As a government-directed re-appointment of an independent director, it reinforces continuity on HPCL's board.