Announced Fri, 1 May · 16:52 IST
Oil & Natural Gas Corporation Limited has informed the Exchange about General Updates - Change in Senior Management
Management Changes View source PDF
ONGC · price
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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹298.80
prior close
₹298.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.0+0.1-0.6-2.9-6.0-5.1-6.5-6.1-0.5-4.7-10.3-18.4—
Up moveDown movePending
AI summary
ONGC has announced the retirement of two Executive Directors — Rajan Asthana and Shibu Augustine Manuel — effective 1 May 2026. Both departures are due to superannuation (reaching retirement age), which is a normal and planned transition for senior executives in government-owned enterprises. The company filed this disclosure under SEBI (LODR) Regulation 30. These positions are one level below the Board of Directors.
Likely market impact
The departures are routine retirements and unlikely to have any material impact on the stock or operations. No disruption to leadership is indicated, and no adverse governance signals are present.