Bharat Petroleum Corporation Limited has announced significant changes in its senior management structure with the appointment of six function heads effective April 1, 2026. The appointments were disclosed to stock exchanges in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Appointments

The company has appointed experienced professionals to lead critical functions across the organization. The appointments span key operational areas including research and development, information technology, human resources, environmental safety, treasury operations, and legal affairs.

Professional Backgrounds

Research & Development Leadership: Shri B. L. Newalkar brings academic expertise with a PhD in Chemistry from M. S. University of Baroda and extensive experience in CRDC operations.

Information Technology Risk Management: Shri Kamal Kant holds professional qualifications including ACA from ICAI, AICWA certification, and executive management credentials from SPJIMR Mumbai. His experience spans retail operations, finance, lubes, I&C solutions, and Mumbai Refinery.

Human Resource Development: Shri Mahendra Kumar K. combines an MBA in Marketing from Thiagarajar School of Management with specialized diplomas in information technology and personnel management. His operational experience covers Kochi Refinery, HRD, HRS, retail, and Mumbai Refinery.

Operational Transitions

Shri V. R. Sudhakar, appointed as General Manager Sports & ESE, will assume responsibilities from Shri Brij Dutta, Deputy General Manager (ESE). Sudhakar holds an MMS from BITS and a PG Diploma in Marketing from CIM, UK, with experience in LPG, retail, and digital business operations.

Financial and Legal Expertise

The treasury function will be led by Shri Ashish Goyal, who brings comprehensive financial credentials including FCA from ICAI, CFA certification, and executive management training from SPJIMR Mumbai. His experience encompasses LPG operations, finance, director's office functions, and retail operations.

Shri Kunwar Ajit Mohan Singh will head the legal function, bringing academic qualifications in history and law from Lucknow University along with specialized experience in legal entity operations.

Regulatory Compliance

The appointments reflect BPCL's commitment to maintaining robust senior management structure across critical business functions. The disclosure was made simultaneously to BSE Limited and National Stock Exchange of India Limited, ensuring full regulatory compliance and transparency with stakeholders.

Bharat Petroleum Corporation Limited has announced a key leadership transition with the superannuation of its Director (Human Resources) and the appointment of an additional charge arrangement for the position. The company communicated this development to stock exchanges in compliance with regulatory disclosure requirements.

Leadership Transition Details

The company has reported that Shri Rajkumar Dubey, who served as Director (Human Resources), superannuated from his position effective close of work on March 31, 2026. This marks the end of his tenure in the senior leadership role at the state-owned oil marketing company.

Ministry Authorization

The appointment of Shri Subhankar Sen to handle additional responsibilities has been authorized by the Ministry of Petroleum & Natural Gas. The ministry issued its directive through a letter dated March 30, 2026, formally entrusting Sen with the additional charge of Director (Human Resources) while he continues in his existing role as Director (Marketing).

Regulatory Compliance

Bharat Petroleum Corporation Limited made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary V. Kala signed the official communication to both BSE Limited and National Stock Exchange of India Limited on April 1, 2026, ensuring timely compliance with regulatory requirements for material changes in board composition.