Hindustan Petroleum has accepted the resignation of Shri Ramakrishnan Subramanian as Executive Director - HSE (Marketing), effective August 01, 2026. The departure is due to superannuation, marking a standard leadership transition within the company’s senior management team. This change impacts the Health, Safety, and Environment (HSE) division under the marketing vertical, requiring internal realignment of responsibilities.

The company notified the BSE Limited and the National Stock Exchange of India Limited regarding this change in senior management. The disclosure was made in terms of Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rakesh Kumar Singh, Company Secretary, signed the communication dated August 01, 2026.

Key Details of the Change

The filing indicates that no brief profile was provided for the outgoing executive in this specific disclosure. As per regulatory norms, such changes are communicated immediately to ensure transparency with investors and stakeholders regarding the composition of the senior management team.

Regulatory Compliance

The notification underscores Hindustan Petroleum’s adherence to mandatory disclosure requirements under Indian securities laws. By citing Regulation 30 of the SEBI LODR Regulations, 2015, the company ensures that market participants are informed of any material changes in leadership that could potentially influence operational oversight or strategic direction in key areas like HSE within marketing operations.

This administrative update does not signal any distress or irregularity but rather reflects the natural lifecycle of corporate governance where executives retire upon reaching the age of superannuation. The Board of Directors will likely appoint a successor to fill the vacancy in due course, though no immediate replacement was named in this filing.

Hindustan Petroleum Corporation Limited (HPCL) has scheduled its 74th Annual General Meeting (AGM) for Wednesday, August 26, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OVAM) starting at 11:00 A.M. IST. This virtual format ensures accessibility for all shareholders while complying with regulatory guidelines issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI).

The company notified stock exchanges on July 30, 2026, regarding the publication of newspaper advertisements announcing the AGM. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, HPCL published notices in various newspapers to inform stakeholders about the upcoming event. These advertisements were also hosted on the company’s official website to ensure wide dissemination of information.

Key Details and Shareholder Instructions

Shareholders are required to register their email IDs and bank account mandates to participate effectively in the AGM processes. The method for registration depends on the type of shareholding:

The Integrated Annual Report for FY25-26 and the Notice of the AGM will be sent via email to members who have registered their email addresses with the company or their DPs. For members without registered email IDs, a letter containing a weblink to access the Integrated Annual Report will be dispatched. The documents will also be available on HPCL’s website, the NSDL e-voting portal, and the websites of BSE and NSE.

Voting Process

HPCL shareholders can exercise their voting rights through the remote e-voting facility provided by NSDL. Detailed instructions for joining the AGM via VC/OVAM and casting votes either before or during the meeting are included in the Notice of the AGM. This digital approach aims to streamline the voting process and enhance shareholder participation.

Rakesh Kumar Singh, Company Secretary of HPCL, signed the public notice dated July 29, 2026, confirming the arrangements. The company emphasized that all KYC updates, including email and bank account details, should be completed as per the guidelines provided in the AGM Notice to avoid any issues during dividend processing or voting.