Oil & Natural Gas Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.
ONGC · price
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ONGC has informed the stock exchanges that Smt. Sushma Rawat, Director (Exploration), retired from the board on July 1, 2025, upon reaching the age of superannuation. To ensure continuity, the Ministry of Petroleum and Natural Gas has given Shri Vikram Saxena, the existing Director (Technology & Field Services), the additional charge of Director (Exploration) for an interim period of three months or until a regular appointee takes charge. This is a routine leadership transition at India's largest state-run oil and gas explorer, with no permanent replacement named yet.
Shareholders should see this as a routine, government-driven leadership change with no disruption to operations since an internal director is handling the additional portfolio. The temporary arrangement may create some uncertainty at the exploration division level until a permanent Director (Exploration) is appointed.