Announced Wed, 1 Jul · 12:04 IST

ONGC Nominee Director ceases on MRPL Board due to superannuation

Management Changes View source PDF

MRPL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹148.74
prior close
₹148.69
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.1-0.1+0.0+0.8+1.1+1.5-1.5-0.3+8.8+17.9
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AI summary

MRPL has informed stock exchanges that Shri Pankaj Kumar, ONGC Nominee Director on the company's Board, ceased office on account of superannuation effective 01 July 2026. MRPL is a subsidiary of ONGC. No replacement nominee has been announced in this filing.

Likely market impact

Routine board-level change due to retirement; unlikely to affect operations or stock. ONGC is expected to nominate a replacement.