Oil India Limited has informed the Exchange regarding 'Regulation 30 of SEBI [Listing Obligations & Disclosure Requirements (LODR) ] Regulations, 2015'.
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Oil India Limited has informed the stock exchanges that the Ministry of Petroleum & Natural Gas has approved the appointment of Shri Motilal Meena as a Non-official Director on the company's board. He will be inducted as an Independent Director in due course, in line with the Companies Act, 2013 and SEBI LODR Regulations. Oil India is a Maharatna CPSE under the Government of India. The appointment was communicated via a letter dated 09.05.2025 from the Ministry.
This is a routine government-directed board appointment with no material impact on the company's operations or financials. Shareholders should note the addition of a new Independent Director to the board, which strengthens governance oversight.