Oil & Natural Gas Corporation Limited has informed the Exchange regarding Cessation of Ms Reena Jaitly as Non- Executive Independent Director of the company w.e.f. March 28, 2026.
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ONGC has informed the stock exchanges that three Independent Directors — Shri Bhagchand Agarwal, Ms. Reena Jaitly, and Shri Manish Pareek — have ceased to hold office with effect from March 28, 2026, upon completion of their tenure. This is a routine governance disclosure filed under SEBI's Listing Regulations. No reasons for concern or irregularities have been mentioned; the departures are due to the natural end of their term. ONGC will need to fill these board vacancies in due course as per applicable norms.
This is a routine, non-impactful event for shareholders. Tenure-based exits of independent directors are normal and do not affect ONGC's operations or financials. Investors may watch for new independent director appointments in the coming months.