Oil India Limited has informed the Exchange regarding 'Brief Profile of Government Nominee Director'.
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Oil India Limited has submitted the brief profile of Shri Vikas Singh, who has been appointed as Government Nominee Director on the company's Board. Shri Vikas Singh is a Director in the Ministry of Petroleum and Natural Gas (MoP&NG), belonging to the Indian Revenue Service (2007 batch). He has previously served in the Income-Tax Department, Income-Tax Investigation wing, Enforcement Directorate, and Central Board of Direct Taxes. He holds qualifications including Graduation from Hansraj College, Management from IRMA, and law degrees from NALSAR University and Delhi University. This is a follow-up disclosure under SEBI LODR Regulation 30 following his appointment.
This is a routine regulatory disclosure regarding the appointment of a government nominee director. As Oil India is a Maharatna CPSE under the Government of India, such appointments are standard and unlikely to have any material impact on the stock price or shareholder interests.