ONGCNSEOil & Natural Gas Corporation Limited· Oil Exploration/ProductionHighNeutral
Announced Fri, 1 May · 16:40 IST

Oil & Natural Gas Corporation Limited has informed the Exchange regarding Cessation of Mr Vivek Chandrakant Tongaonkar as Executive Director of the company w.e.f. May 01, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDF

ONGC · price

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▲ 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
-2.9%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 announced that Shri Vivek Chandrakant Tongaonkar has ceased to be Director (Finance) and Chief Financial Officer (CFO) of the company with effect from May 1, 2026. The cessation was due to attaining the age of superannuation (retirement). This disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015. The company secretary Shashi Bhushan Singh signed the intimation to the exchanges.

Likely market impact

This is a routine retirement at superannuation and not a cause for concern. However, with the dual role of Finance Director and CFO becoming vacant simultaneously, shareholders should monitor for the appointment of a new CFO to ensure continuity in financial leadership.