Hindustan petroleum Corporation Limited has received an Environmental, Social and Governance (ESG) rating from ESG Risk Assessments & Insights Limited, as disclosed to the stock exchanges on April 23, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Assignment Details

The company informed both BSE Limited and National Stock Exchange of India Limited about the ESG rating assignment through an official communication. ESG Risk Assessments & Insights Limited independently assigned the rating to Hindustan Petroleum Corporation Limited without any engagement from the company.

Regulatory Compliance and Transparency

The disclosure was made under Schedule III and other applicable provisions of the SEBI regulations, demonstrating the company's commitment to regulatory compliance and transparency. Company Secretary Rakesh Kumar Singh signed the official communication to both stock exchanges, ensuring proper documentation and record-keeping.

Independent Assessment Clarification

Hindustan Petroleum Corporation Limited specifically clarified that it did not engage ESG Risk Assessments & Insights Limited for the ESG rating process. The rating agency independently prepared the report and assigned the rating based on their own assessment methodology and criteria.

Rating Publication and Access

The ESG rating details have been published by ESG Risk Assessments & Insights Limited on their official platform. The rating information is accessible through their website, providing stakeholders with transparent access to the company's ESG performance evaluation. This independent rating contributes to the broader ESG disclosure framework for listed companies in India.

Hindustan Petroleum Corporation Limited hindustan petroleum submitted a disclosure to stock exchanges on April 21, 2026, regarding a fire incident at HPCL Rajasthan Refinery Limited (HRRL), a joint venture company. The incident occurred on April 20, 2026, in the Crude Distillation Unit (CDU) section of the refinery.

According to the company's statement, prima facie investigation suggests that leakage of hydrocarbons through one of the valves or flanges in the heat exchanger circuit caused the fire. The blaze was localized in the heat exchangers stack, and the emergency response team of HRRL promptly brought it under control.

The company confirmed that the Crude Distillation Unit, Vacuum Distillation Unit, and all other units of the CDU section were quickly isolated. All these units remain structurally safe and unaffected, with no impact reported on any other section of the refinery.

As a precautionary measure, the scheduled dedication of the refinery by the Prime Minister on April 21, 2026, has been postponed. A revised date for the ceremony will be announced in due course. The company has initiated an investigation to ascertain the exact cause of the incident and undertake necessary remedial measures. The financial and operational impact is being assessed, though preliminary indications suggest it will not be material.

The disclosure was signed by Rakesh Kumar Singh, Company Secretary, and addressed to BSE Limited and National Stock Exchange of India Limited. HPCL's scrip code on BSE is 500104 and the scrip name on NSE is HINDPETRO. The company's registered office is located at 17, Jamshedji Tata Road, Mumbai - 400 020.

This intimation was made under Regulation 30 of the listing obligations, providing the stock exchanges with information about the incident for their records. The company emphasized that all personnel are safe and that the refinery's other sections continue to remain unaffected by the incident in the CDU section.