Indian Oil Corporation Limited has informed the Exchange regarding 'Change in Senior Management.'.
IOC · price
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Indian Oil Corporation has informed the exchanges that three senior management personnel, one level below the Board of Directors, superannuated (retired) from services on 30 April 2025. The three are: Shri D N Badarinarayan (Executive Director I/c, Engineering & Projects, Marketing Division), Shri B. Anil Kumar (Executive Director & State Head, Telangana & Andhra Pradesh SO, Marketing Division), and Shri Pankaj Kuchhal (Executive Director I/c, Material & Contracts, Pipeline Division). These are senior-level executives in operational and marketing roles. The disclosure is being made under Regulation 30 of SEBI LODR, 2015.
These are routine superannuation (retirement) events of senior management executives and are unlikely to have any material impact on the company's operations or stock price. No board-level or CEO/CFO change is involved.