N M Bhalerao exits Indian Oil senior management for Garden Reach board
IOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty 100 and 1.3 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Indian Oil said N M Bhalerao, Executive Director (Finance) for Pipelines at its head office, ceased to be a senior management member on 6 October 2025 after being appointed Director (Finance) on the Garden Reach Shipbuilders and Engineers board.
This is a senior management change with no financial impact, replacement or immediate shareholder impact disclosed. Bhalerao is moving to an external board role.