ONGCNSEOil & Natural Gas Corporation Limited· Oil Exploration/ProductionMediumNeutral
Announced Sat, 28 Mar · 13:40 IST

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.

Management Changes View source PDF

ONGC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹281.10
prior close
₹282.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.6+1.3+1.2+2.3+1.8+0.1+1.9+1.7+2.0+1.9+6.3-6.1-16.4
Up moveDown movePending
AI summary

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.

Likely market impact

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.