Hindustan Petroleum Corporation Limited (HPCL) has scheduled its 74th Annual General Meeting (AGM) for Wednesday, August 26, 2026, to approve a final dividend of ₹19.25 per equity share for the financial year FY25. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), commencing at 11:00 A.M. IST and deemed held at the company’s registered office in Mumbai. This dividend declaration is the primary outcome for shareholders, with payments to be made electronically within 30 days of declaration, subject to applicable Tax at Source (TDS).

The record date for determining dividend eligibility is Friday, August 14, 2026. Shareholders holding shares as of this date are entitled to receive the payout. To ensure seamless processing, HPCL has mandated that all shareholders update their Know Your Customer (KYC) details with their Depository Participants (DPs) or the Registrar and Share Transfer Agent (RTA). Failure to maintain updated KYC may result in delays or non-receipt of dividends, in compliance with SEBI guidelines effective from April 1, 2024.

E-Voting and Participation Timeline

Shareholders can exercise voting rights through the remote e-voting facility provided by National Securities Depository Limited (NSDL). The eligibility cut-off date for voting is Wednesday, August 19, 2026. Members whose names appear in the Register of Members or Beneficial Owners on this date are eligible to vote.

Members who have already cast their votes via remote e-voting may attend the AGM via VC/OAVM but cannot vote again. Those who have not voted remotely can cast their votes during the live meeting. To ask questions during the AGM, shareholders must register as speakers by emailing their details to cosecy@mail.hpcil.co.in between Thursday, August 20, 2026 (9:00 A.M. IST) and Sunday, August 23, 2026 (5:00 P.M. IST).

KYC Updates and Document Access

The Integrated Annual Report for FY25, including financial statements and auditors’ reports, has been emailed to members with registered email IDs. For shareholders without registered emails, a letter containing a weblink has been dispatched in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All documents are accessible on the company’s website, stock exchange portals, and the NSDL e-voting platform.

Shareholders with physical shares must update KYC details through M/s. MUFG Intime India Private Limited (formerly M/s. Link Intime India Private Limited), the company’s RTA. KYC forms are available on the HPCL website under Investors → Shareholders Information → Forms for KYC Updation & Other Service Requests, or via the RTA’s portal. Rakesh Kumar Singh, Company Secretary, signed the public notice dated August 4, 2026, confirming these arrangements.

Hindustan Petroleum Corporation Limited (HPCL) has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 with BSE Limited and the National Stock Exchange of India Limited, in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, dated July 31, 2026, forms part of the company's 74th Integrated Annual Report and is prepared on a standalone basis. Independent reasonable assurance of the BRSR Core disclosures was conducted by SR Asia.

Company Profile and Financial Overview

HPCL, incorporated in 1952 and headquartered at Petroleum House, 17, Jamshedji Tata Road, Mumbai 400020, is engaged in the refining, production, and marketing of petroleum products, accounting for 100% of its turnover. The company is listed on both BSE Ltd and the National Stock Exchange of India Limited. The following table summarises key entity details:

HPCL's top five products by turnover contribution are as follows:

Operations and Workforce

As at the end of FY 2025-26, HPCL operated across 508 national locations, comprising 331 plants and 177 offices, spanning 28 States and 7 Union Territories domestically and serving customers in 16 countries internationally. The company had a total permanent employee count of 7,050 (6,192 male and 858 female) and 1,206 permanent workers. Total other-than-permanent employees stood at 150, while other-than-permanent workers numbered 31,719.

The turnover rate for permanent employees in FY 2025-26 was 6.23% (male: 6.68%, female: 6.74%), compared to 5.40% in FY 2024-25. For permanent workers, the total turnover rate was 15.32% in FY 2025-26, compared to 15.14% in FY 2024-25. Well-being expenditure for employees and workers stood at ₹187.17 Crore in FY 2025-26, representing 0.039% of total revenue of ₹478543.05 Crore.

Sustainability and Energy Transition Highlights

HPCL has announced its ambition to achieve Net Zero Scope 1 and Scope 2 greenhouse gas emissions by 2040. During FY 2025-26, the company's refineries achieved energy savings of 86,542 SRFT and reduced greenhouse gas emissions by 0.28 MTCO2e. Renewable energy capacity increased to 241 MW during the year. A Green H2 Purchase Agreement (GHPA) was signed with OCIOR Green Fuels Pvt Ltd for supply of 5 KTPA of green hydrogen to Visakh Refinery on a BOO basis. The company achieved a 19.94% ethanol blending rate and added three new Compressed Biogas (CBG) plants under the Government of India's SATAT initiative, taking the total CBG plants under the scheme to 18.

Key environmental performance metrics for FY 2025-26 are presented below:

R&D, Capital Expenditure, and Procurement

HPCL directed 100% of its R&D expenditure (INR 579.41 Crore in FY 2025-26, compared to INR 463.24 Crore in FY 2024-25) towards technologies aimed at improving environmental and social impacts. Capital expenditure with environmental and social impact objectives accounted for 28.67% of total capex in FY 2025-26, up from 26.95% in FY 2024-25. On the procurement front, 59.42% of inputs were sourced sustainably (against a Government of India target of 25% from Micro and Small Enterprises). Procurement from SC/ST-owned MSEs constituted 5.10% of total procurement (by value), amounting to ₹573.20 Crore, while procurement from Women-owned MSEs constituted 4.30%, amounting to ₹483.81 Crore during FY 2025-26.

Grievance Redressal and Compliance

During FY 2025-26, HPCL received 8,762 public grievances through CPGRAMS, with 1,723 pending at year-end, primarily due to a surge in complaints in March 2026 linked to geopolitical supply disruptions in West Asia. Consumer complaints totalled 3,01,620, of which 7,761 were pending resolution at year-end — of these, 7,752 pertained to LPG customers due to the same exceptional surge. Shareholder complaints referred to HPCL by SEBI/NSE/BSE stood at 74, with 1 pending at year-end. Regarding regulatory fines, BSE and NSE each levied a fine of ₹22,43,180 (inclusive of GST), aggregating to ₹44,86,360 (inclusive of GST), for non-compliances pertaining to Board, Audit Committee, and Nomination and Remuneration Committee composition under SEBI LODR Regulations. HPCL has requested waiver of these fines, as the appointment of directors vests with the Government of India, and the requests are currently under consideration by the Stock Exchanges.

CSR and Stakeholder Engagement

HPCL's CSR programmes during FY 2025-26 benefitted a total of 40,04,393 persons across focus areas including healthcare, education, Swachh Bharat Abhiyan, environment sustainability, rural development, and skill development. CSR spending in designated aspirational districts totalled ₹2,321.23 Lakh, with the largest allocation of ₹1,902.71 Lakh directed to Visakhapatnam, Andhra Pradesh. The company also maintained active affiliations with 13 trade and industry chambers and associations at the national and state level, including FICCI, FIPI, and CII, and participated in public policy advocacy on areas such as biofuels, green hydrogen, and the National Policy on Biofuels.