ONGC Director Pankaj Kumar superannuates effective July 1

1 min read Updated on 02 Jul 2026, 05:51 AM

Reviewed by

Shriram SScanX News Team

AI Summary

Oil and Natural Gas Corporation Ltd announced the superannuation of Pankaj Kumar as Director (Production) effective July 1, 2026. This disclosure was made to the stock exchanges in compliance with SEBI regulations. Additionally, three Executive Directors—Sachiv Kumar, Rajesh Sharma, and Jagdamba Prasad G Dobriyal—also superannuated on the same date.

*this image is generated using AI for illustrative purposes only.

Oil and Natural Gas Corporation Ltd accepted the superannuation of Pankaj Kumar as Director (Production) effective July 1, 2026. The personnel change impacts the company's production leadership, marking a transition in the operational management structure at the start of the financial year 2026-27.

Pankaj Kumar (DIN: 09252235) ceased to hold the position of Director (Production) consequent upon attaining the age of superannuation. The company disclosed this change to the National Stock Exchange of India Ltd. and BSE Limited in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Separately, the company previously accepted the superannuation of three Executive Directors effective from the same date. The departing officials included Sachiv Kumar, Rajesh Sharma, and Jagdamba Prasad G Dobriyal.

The following table details the changes in senior management:

Name (S/Shri)	Designation	Type of Change
Pankaj Kumar	Director (Production)	Superannuation
Sachiv Kumar	Executive Director	Superannuation
Rajesh Sharma	Executive Director	Superannuation
Jagdamba Prasad G Dobriyal	Executive Director	Superannuation

The filing was signed by Shashi Bhushan Singh, Company Secretary & Compliance Officer, on behalf of Oil and Natural Gas Corporation Ltd. The document confirmed that the cessation of roles was effective from July 1, 2026.

Historical Stock Returns for Oil & Natural Gas Corporation

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.54%	+3.81%	-5.42%	+4.64%	+0.66%	+107.77%

Who will be appointed as the successor to Pankaj Kumar as Director (Production)?

How will the simultaneous departure of four senior leaders impact ONGC's operational continuity?

What strategic shifts might occur in production management under the new leadership structure?

Board Approvals

The Board of Directors approved the appointment of Shri Anupam Agarwal (DIN: 09601339) as CFO and Key Managerial Personnel. Concurrently, the Board designated Shri Satyan Kumar (DIN: 10181958), Director (Strategy & Corporate Affairs), as a Key Managerial Personnel of the company effective immediately.

Profile of Shri Anupam Agarwal

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 ICAI, Hyderabad. He holds a Bachelor's degree in Commerce and a Master of Business Administration (Finance) from Lucknow University.

Agarwal joined ONGC in 1990 as a Finance & Accounts Officer and has held various assignments across Baroda, Dehradun, Jorhat, Mumbai, and Delhi. Prior to this appointment, he served as Director (Finance) of ONGC Videsh Limited since June 2022 and was Chairman of ONGC Overseas Investment Limited (OOIL). During his tenure at ONGC Videsh, the entity mobilized funding in excess of US$ 3 billion through competitively structured financing arrangements.