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Hindustan Oil Exploration Company informs about outcome of board meeting

25 Feb 2026 Evaluate
Hindustan Oil Exploration Company has informed that the Board of Directors had at their meeting held on February 25, 2026, transacted the following items of business: In furtherance of intimation dated January 23, 2026 (attached as Annexure-1), the Board noted the resignation of Ramasamy Jeevanandam (DIN: 07046442) as Managing Director of the Company till close of business hours on March 31, 2026. The Board places on record its appreciation for the leadership, guidance and support provided by Ramasamy Jeevanandam during his tenure. Consequent to the resignation of Ramasamy Jeevanandam, Baroruchi Mishra (DIN 09223144) has been identified for the position of Managing Director & CEO of the Company. Accordingly, based on the recommendations of Nomination and Remuneration Committee, Board has considered and approved the change in designation of Baroruchi Mishra as a Non-Executive Non-Independent Director of the Company with effective from February 25, 2026, subject to the approval of the shareholders of the Company, based on his relinquishment of independence pursuant to the consideration of his appointment as Managing Director & CEO of the Company; The appointment of Baroruchi Mishra as a Managing Director & CEO of the Company for a term of three (3) consecutive years with effective from April 01, 2026, liable to retire by rotation, subject to the approval of shareholders of the Company. 

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

Hind Oil Exploration Share Price

151.65 -1.00 (-0.66%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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