Hindustan Oil Exploration Company has informed that Sunil Behari Mathur has tendered his resignation as Non-Executive Independent Director & Chairman of the Company effective April 17, 2019. Further it may be noted that, based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors has, vide circular resolution dated April 18, 2019, appointed Vivek Rae (DIN: 01866765) as an Additional Director (Non-Executive Independent) & Chairman of the Company with effect from April 18, 2019. Detailed announcement in this regard is enclosed.
The above information is a part of company’s filings submitted to BSE.
