Oil & Natural Gas Corporation Limited has informed the Exchange regarding Cessation of Mrs Sushma Rawat as Executive Director of the company w.e.f. July 01, 2025.
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Mrs. Sushma Rawat ceased to be Director (Exploration) of ONGC effective July 1, 2025, upon attaining the age of superannuation. Her role was a Key Managerial Personnel (KMP) position on the board. To ensure continuity, Vikram Saxena, the existing Director (Technology & Field Services), has been given the additional charge of Director (Exploration) for three months or until a regular appointee is named. The arrangement was made by the Ministry of Petroleum and Natural Gas, Government of India.
This is a routine leadership transition due to retirement and does not indicate any governance concern. The three-month interim charge ensures no disruption to ONGC's exploration function, with a permanent appointment expected shortly.