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Indian Oil Corporation informs about disclosure

01 Sep 2023 Evaluate

In accordance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Indian Oil Corporation informed that in terms of MOP&NG’s letter ref. no. CA/31015/6/2021-CA-PNG (40318) dated 07.08.2023, Shrikant Madhav Vaidya (DIN06995642) has been re-employed as Chairman of IndianQOil beyond 31.08.2023 (the date of his superannuation) for a period of one year, with effect from 01.09.2023 till 31.08.2024 or till the appointment of regular incumbent to the post or until further order whichever is earlier. A brief profile of the Chairman is attached at Annexure — I. It is confirmed that he is not related to any other Director of the company. It may further be noted that he is not debarred from holding the office of Chairman by virtue of any order of SEBI / any other authority.

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