Intimation regarding additional charge of Managing Director assigned to Shri Sangram Kumar Mishra, the CMD of HOCL (holding company of HFL) is hereby submitted.
Awaiting price reaction for this filing.
The Government of India, through the Ministry of Chemicals & Fertilizers, has assigned the additional charge of Managing Director of Hindustan Fluorocarbons Ltd (HFL) to Shri Sangram Kumar Mishra, who is currently the Chairman and Managing Director of HOCL (HFL's holding company). The appointment is effective from 8 October 2025 and will continue until the closure of HFL, Shri Mishra's superannuation on 30 June 2030, or further government orders, whichever comes first. Shri Mishra is an electrical engineering graduate with an MBA and over 30 years of experience in petroleum, petrochemicals, LNG, power, and infrastructure sectors. HFL is a CPSE (Central Public Sector Enterprise) under government administrative control, so director appointments are made by the administrative ministry. This is essentially a holding-company executive taking on an additional role at the subsidiary rather than a fresh external hire.
For shareholders, this means HFL's top leadership will be overseen by an experienced PSU executive from its parent HOCL, with no disruption to operations. The government-driven arrangement until 2030 provides continuity but does not introduce new strategic direction from outside the existing group structure.