Upon attaining the age of Superannuation Shri Vivek Chandrakant Tongaonkar , ceased to be Director (Finance) and CFO of the Company w.e.f. 01.05.2026.
ONGC · price
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Shri Vivek Chandrakant Tongaonkar ceased to be Director (Finance) and Chief Financial Officer (CFO) of ONGC effective May 1, 2026, upon attaining the age of superannuation. The company has disclosed this change under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a routine departure due to age-based retirement rather than a voluntary resignation or removal. The company secretary, Shashi Bhushan Singh, signed the disclosure.
The departure creates a key leadership vacancy at ONGC. The stock may see minor negative sentiment due to the CFO transition, though superannuation-based departures are typically planned and less disruptive than unexpected resignations. The market will likely watch for an appointment announcement.