Oil and Natural Gas Corporation has appointed Shri Anupam Agarwal as its Director (Finance) effective June 3, 2026. The appointment, approved by the Board of Directors, follows a letter from the Ministry of Petroleum and Natural Gas. Shri Agarwal will serve in this capacity until the date of his superannuation on July 31, 2028, or until further orders, whichever is earlier. The company submitted the filing in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Career Trajectory

Shri Anupam Agarwal brings over 35 years of experience in finance and commercial management within the oil and gas sector. He is a Fellow Member of the Institute of Cost Accountants of India, an Associate Member of the Institute of Company Secretaries of India, and a Chartered Financial Analyst from ICFAI, Hyderabad. An alumnus of Lucknow University, he holds a Bachelor’s degree in Commerce and a Master of Business Administration (Finance).

Shri Agarwal joined oil & natural gas corporation in 1990 as a Finance & Accounts Officer. He has held various assignments across Baroda, Dehradun, Jorhat, Mumbai, and Delhi, covering the entire spectrum of finance functions at operational and corporate levels. Prior to this appointment, he served as Director (Finance) of ONGC Videsh Limited since June 2022.

During his tenure at ONGC Videsh, he also served as Chairman of ONGC Overseas Investment Limited (OOIL) and as a Director on the Board of ONGC Videsh B.V., Amsterdam. He played a key role in restructuring overseas entities to improve governance and compliance, and mobilized funding in excess of US$ 3 billion through competitively structured financing arrangements. Notably, he established ONGC Overseas Investment Limited (OOIL) at GIFT City as the Group’s Global Treasury Centre.

Key Details of Appointment

Earlier, as Executive Director – Chief Corporate Finance at ONGC, he steered functions including Direct Tax, Indirect Tax, Policy matters, Investor Relations, Corporate Budget, and Project Appraisal. His contributions have been recognized with awards such as the ASSOCHAM Best CFO Gold Award 2025 for Excellence in Finance Transformation & Innovation and the CFO – Outstanding Performer Award at the CMA Awards 2024.

Oil and Natural Gas Corporation Limited oil & natural gas corporation announced changes in its senior management effective June 1, 2026, following the superannuation of three Executive Directors. The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.

The company informed the National Stock Exchange of India Ltd. and BSE Limited that the personnel changes affect officials one level below the Board. The transition was recorded as part of the company's standard compliance procedures.

The following executives have superannuated from their positions:

The filing was submitted by Shashi Bhushan Singh, Company Secretary & Compliance Officer, on behalf of Oil and Natural Gas Corporation Limited.