Oil India Limited has informed the Exchange regarding 'Nomination of Government Nominee Director'.
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Oil India has informed exchanges that the Ministry of Petroleum & Natural Gas (MoP&NG) has approved the nomination of Shri Vikas Singh, Director at MoP&NG, as Government Nominee Director on the company's board. He will be formally inducted in due course in accordance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Oil India is a Maharatna Central Public Sector Enterprise (CPSE) under the Government of India, and such government nominee appointments are standard procedure for PSUs. The communication was signed by A.K. Sahoo, Company Secretary & Compliance Officer, on June 19, 2025.
This is a routine governance update with no material impact on the stock or shareholders. Government nominee directors are standard in CPSEs and do not alter the company's strategic direction or financial outlook.