Hindustan Petroleum Corporation Limited has informed the Exchange about change in Management
HINDPETRO · price
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Hindustan Petroleum Corporation Limited announced changes to its Senior Management Team effective May 01, 2026. Shri Krushna Mahapatra, who was serving as Chief Risk Officer with additional charge of Insurance Fund Services (IFS), retired from service due to superannuation (retirement). Simultaneously, Shri Sitaram G Taparia has been formally designated as Chief Risk Officer. Taparia holds qualifications in B.Com, CA, and CS. The company informed the exchanges in compliance with SEBI Listing Regulations.
This represents routine senior management succession planning rather than a governance concern. The transition of the CRO role appears smooth as Taparia was already handling additional responsibilities. No material disruption is expected for the company's risk management functions.