Chennai petroleum corporation Limited has announced a key board appointment, naming Shri V.C. Asokan as Non-Executive Nominee Director effective 02.04.2026. The appointment was communicated to stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015.

Board Appointment Details

The company has appointed Shri V.C. Asokan, who holds Director Identification Number (DIN) 11646048, to represent Indian Oil Corporation Limited (IOCL), the holding company, on CPCL's board. The appointment follows regulatory compliance requirements and strengthens the board's composition with industry expertise.

Professional Background

Shri Asokan brings extensive experience to the board, with over three decades in the oil and gas sector. He currently serves as Executive Director (Tamil Nadu State office & Southern Region) at IOCL, demonstrating strong leadership capabilities across multiple regions.

Educational Qualifications and Experience

• Education: Master's Degree in Business Management from Regional Engineering College (REC), Tiruchirappalli
• Industry Experience: Over 30 years in oil and gas sector
• Geographic Expertise: Pan-India marketing experience across Kerala, Karnataka, Tamil Nadu, Uttar Pradesh, and Gujarat

Key Areas of Expertise

Shri Asokan has built deep expertise across multiple domains:

• Petroleum Operations
• Industrial Sales
• Bunker Fuel Sales
• Retail Sales
• Strategic and operational capabilities

International Experience

Notably, Shri Asokan served as Vice President (Sales) at Lanka IOC PLC, a subsidiary of IndianOil in Sri Lanka. In this role, he was instrumental in expanding fuel marketing operations and strengthening market presence, demonstrating his capability in international markets.

Regulatory Compliance

The company confirmed that Shri V.C. Asokan is not debarred from holding the office of director by virtue of any SEBI order or any other authority. The disclosure indicates no relationships between directors in connection with this appointment, ensuring compliance with governance standards.

This appointment reinforces CPCL's commitment to maintaining strong board governance while leveraging industry expertise from its holding company IOCL.

Chennai petroleum corporation Limited has filed its quarterly compliance certificate with stock exchanges, confirming adherence to regulatory requirements for the quarter ended March 31, 2026. The Government of India enterprise and IOCL group company submitted the mandatory documentation as part of its ongoing regulatory obligations.

Regulatory Compliance Submission

The company submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations 2018 to both BSE Limited and National Stock Exchange of India Limited on April 2, 2026. The certificate was signed by P. Shankar, Company Secretary, and transmitted to the exchanges as part of the quarterly compliance process.

Registrar Certification

KFin Technologies Limited, serving as the Registrar & Transfer Agent for Chennai Petroleum Corporation Limited, issued the compliance certificate. The certification was signed by Bhaskar Roy, Deputy Vice President at KFin Technologies Limited, confirming that all required details have been properly submitted.

The registrar certified that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026 have been furnished to all stock exchanges where the company's shares are listed. This certification covers compliance with SEBI (Depositories and Participants) Regulations 2018 requirements.

Exchange Communications

Separate certificates were issued to both major depositories - Central Depository Services (India) Limited and National Securities Depository Limited. The documentation ensures compliance across all platforms where the company's securities are held and traded.

Company Milestone Year

The compliance submission comes as Chennai Petroleum Corporation Limited marks its 60th anniversary year, celebrating six decades of operations from 1966 to 2026. The company continues to maintain its regulatory obligations while commemorating this significant milestone in its corporate history.

The quarterly compliance certificate represents part of the company's ongoing commitment to maintaining transparency and regulatory adherence in its operations as a listed entity on Indian stock exchanges.