Oil Country Tubular Limited has informed the Exchange regarding Appointment of Mr LAL BAHADUR SHASTRY GUBBA as Chief Financial Officer of the company w.e.f. August 07, 2025.
OILCOUNTUB · price
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Oil Country Tubular Limited has informed the stock exchanges about two key managerial appointments effective August 7, 2025. Mr. Lal Bahadur Shastry Gubba, a Chartered Accountant with 16 years of experience in accounting and financial management (including 10+ years in manufacturing), has been appointed as Chief Financial Officer. Mr. Vaibhav Suryawanshi, an ICSI member and LLB holder with experience in SEBI LODR regulations and board meeting management, has been appointed as Company Secretary and Compliance Officer. This is a revised disclosure submitted to correct earlier filing errors, including a wrong date (August 5 instead of August 7) and the omission of additional SEBI-required details for both appointments. Both appointments were recommended by the Nomination and Remuneration Committee.
Routine leadership strengthening with no negative signal. The appointment of an experienced CA as CFO and a compliance-focused CS suggests the company is bolstering its financial and regulatory functions. No material impact expected on the stock price.