HPCL appoints K Vinod as CFO following Rajneesh Narang's superannuation

1 min read     Updated on 02 Jun 2026, 06:44 AM
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Hindustan Petroleum Corporation Limited appointed Shri K Vinod as Chief Financial Officer (CFO) effective June 01, 2026, succeeding Shri Rajneesh Narang who superannuated on May 31, 2026. Shri K S Shetty, Director-Human Resources, has been given the additional charge of Director-Finance for three months or until a regular appointment is made. The company updated its list of authorized Key Managerial Personnel for disclosures under SEBI regulations effective June 01, 2026.

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Hindustan Petroleum Corporation Limited appointed Shri K Vinod as Chief Financial Officer (CFO) effective June 01, 2026, following the superannuation of Shri Rajneesh Narang. Shri Narang ceased to be Director-Finance and CFO effective June 01, 2026, after retiring from services on May 31, 2026. Shri K Vinod, a Chartered Accountant with over three decades of experience, previously served as CFO from September 11, 2024, to March 26, 2025.

The Ministry of Petroleum & Natural Gas conveyed approval for the temporary arrangement of the Director-Finance post via a letter dated May 29, 2026. Shri K S Shetty, Director-Human Resources, has been entrusted with the additional charge of Director-Finance for a period of three months starting June 01, 2026, or until a regular incumbent is appointed, whichever is earlier.

Consequent to these changes, the company updated the list of Key Managerial Personnel authorized to determine the materiality of events and make disclosures to stock exchanges. This authorization is effective from June 01, 2026, in accordance with the company's policy framed under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Authorized Key Managerial Personnel

Name & Designation Contact Detail
Shri K S Shetty
Director- Human Resources & Additional Charge
of Director – Finance
Petroleum House, 17 Jamshedji Tata Road,
Churchgate, Mumbai- 400020
Email: hpclinvestors@hpcl.co.in ;
Shri Rakesh Kumar Singh
Company Secretary & Compliance Officer
Tel: 022- 22863900

Historical Stock Returns for Hindustan Petroleum

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-4.86%+2.46%-15.09%-5.99%+104.45%

How will the temporary leadership structure impact HPCL's strategic financial decisions during the three-month transition period?

What criteria will HPCL use to select the permanent CFO, and when is the search process expected to conclude?

Will the change in Key Managerial Personnel affect HPCL's upcoming financial disclosures or investor communication strategies?

HPCL executive directors retire on superannuation effective June 01, 2026

0 min read     Updated on 02 Jun 2026, 06:15 AM
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Hindustan Petroleum Corporation Limited disclosed the retirement of two Executive Directors, Shri Sanjay Kumar and Shri Ramesh Krishnan, due to superannuation effective June 01, 2026, in a filing to stock exchanges.

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Hindustan Petroleum Corporation Limited announced changes in its senior management team following the superannuation of two Executive Directors effective June 01, 2026. The disclosure was made to the stock exchanges in compliance with Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Changes

The company reported the departure of Shri Sanjay Kumar, who served as the Executive Director - MRA&P and Business Development. Additionally, Shri Ramesh Krishnan, the Executive Director - Visakh Refinery, has also superannuated from the company.

The following table details the personnel changes:

Sr. No. Name Designation Reason
1 Shri Sanjay Kumar Executive Director - MRA&P and Business Development Superannuation
2 Shri Ramesh Krishnan Executive Director - Visakh Refinery Superannuation

The notification was signed by Rakesh Kumar Singh, Company Secretary, on behalf of Hindustan Petroleum Corporation Limited.

Historical Stock Returns for Hindustan Petroleum

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-4.86%+2.46%-15.09%-5.99%+104.45%

Who will be appointed to fill the vacant Executive Director roles, and what is the timeline for these appointments?

How will the departure of the Business Development head impact HPCL's near-term strategic expansion plans?

What operational risks does the Visakh Refinery face during the leadership transition period?

More News on Hindustan Petroleum

1 Year Returns:-5.99%