Indian Oil Corporation Limited has informed the Exchange regarding 'Change in Senior Management Personnel'.
IOC · price
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Awaiting price reaction for this filing.
Indian Oil Corporation has informed the stock exchanges that Shri Ajay Garg, Executive Director (GAS) in the Business Development division, has ceased to be a Senior Management Personnel with effect from 3rd January 2026 due to his unfortunate demise. He held a position one level below the Board of Directors. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. No successor or replacement has been announced in this filing.
This is a routine regulatory disclosure arising from the sad and unexpected passing of a senior executive. It is unlikely to have a material impact on the stock price or operations, though the company will need to fill the vacant position in due course.