Bharat Petroleum Corporation Limited has announced that its Chairman & Managing Director Sanjay Khanna will take on additional responsibilities as Director (Refineries), following a directive from the Ministry of Petroleum & Natural Gas.

Management Restructuring Details

The appointment was formalized through a letter from the Ministry of Petroleum & Natural Gas dated April 16, 2026. This development represents a consolidation of senior management roles within the state-owned oil refining and marketing company.

Regulatory Compliance

The company has duly informed both major stock exchanges about this management change in accordance with regulatory requirements. The notification was sent to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Communication

The formal communication was signed by Company Secretary V. Kala and digitally authenticated on April 16, 2026. This ensures proper documentation and transparency in corporate governance practices as required for listed companies.

The dual role assignment reflects the company's organizational strategy to streamline senior management functions under experienced leadership, particularly in the critical refineries operations segment.

Bharat Petroleum Corporation Limited has submitted its quarterly compliance certificate to the stock exchanges, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The filing demonstrates the company's commitment to maintaining regulatory compliance in its share transfer and dematerialization processes.

Regulatory Compliance Filing

The compliance certificate was filed with both BSE and NSE on April 9, 2026, in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary V. Kala signed the submission letter, forwarding the certificate received from the company's Registrar and Share Transfer Agent.

Certificate Confirmation

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent, issued the compliance certificate dated April 2, 2026. The certificate confirms that all securities received for dematerialization during the quarter were processed in accordance with regulatory requirements.

The certificate specifically confirms two critical compliance aspects:

• Securities comprised in the certificates have been listed on the stock exchanges
• Certificates were duly verified, mutilated, cancelled, and the depository name was substituted in records as the registered owner

Dematerialization Process Compliance

The certification validates that all dematerialization activities were completed within the mandatory 15-day timeframe as prescribed by SEBI regulations. This ensures that investors' securities were converted from physical to electronic form efficiently and in compliance with regulatory standards.

Stakeholder Communication

The compliance certificate was distributed to key market infrastructure institutions including National Securities Depository Limited, Central Depository Services (India) Limited, BSE Limited, and National Stock Exchange of India Limited. This comprehensive distribution ensures all relevant stakeholders are informed of the company's regulatory compliance status.

Sharmila Amin, Assistant Vice President - Corporate Registry at KFin Technologies Limited, signed the certificate on behalf of the registrar, confirming the accuracy of the compliance statement for the quarter ended March 31, 2026.