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Indian Oil Corporation informs about change in directorate

26 Mar 2020 Evaluate

In accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Indian Oil Corporation has informed that in terms of MoP&NGs communication dated 24.03.2020, Dr. Navneet Kumar Kothari (DIN-02651712) has been appointed as Government Nominee Director on the Board of the Company with effect from 25.03.2020 on co-terminus basis in place of Ashish Chatterjee. Dr. Kothari is an IAS officer of 2001 Batch of Madhya Pradesh Cadre. He has worked in various departments in the Govt. of Madhya Pradesh which include Agriculture Cooperation & Farmer Welfare and Finance. It is confirmed that Dr. Kothari is not related to any other Directors of the Company. It is further confirmed that Dr. Kothari is not debarred from holding the office of Director by virtue of any order of SEBI/ any other Authority.

The above information is a part of company's filings submitted to BSE.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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