Oil & Natural Gas Corporation (ONGC), India's state-owned oil and gas exploration company, is poised to release its quarterly financial results on Monday, November 10. The announcement has garnered significant attention from market participants, who are keenly awaiting updates on the company's profitability, production trends, and potential interim dividend declarations.

Expected Performance

According to market expectations:

Key Areas of Interest

Investors and analysts will be closely monitoring several aspects of ONGC's performance:

1. Profitability: The company's profit is expected to show improvement compared to the previous quarter, which could be a positive indicator for shareholders.

2. Production Trends: While volumes are anticipated to remain stable, any shifts in production patterns could provide insights into ONGC's operational efficiency and market demand.

3. Interim Dividend: Market participants are watching for potential announcements regarding interim dividends, which could impact short-term investor sentiment.

Recent Corporate Developments

In a recent corporate filing, ONGC disclosed the appointment of a new Statutory/Joint Statutory Auditor for the Financial Year 2025-26. The Comptroller & Auditor General of India (C&AG) has appointed M/s Rama K Gupta & Co. to this role, following a partial modification of their earlier appointment letter.

This appointment comes after one of the previously selected firms, M/s MSKA & Associates, declined to accept the position. The addition of a new auditor underscores ONGC's commitment to maintaining robust financial oversight and transparency in its operations.

As ONGC prepares to unveil its quarterly results, stakeholders will be looking for signs of the company's resilience in the face of global energy market fluctuations and its strategies for sustainable growth in the coming quarters.

Note: Investors are advised to review the complete financial results and accompanying management commentary for a comprehensive understanding of ONGC's performance and future outlook.

Oil & Natural Gas Corporation (ONGC), India's state-owned oil and gas exploration company, has disclosed significant changes in its senior management effective November 1, 2025. The company has reported these changes to stock exchanges in compliance with regulatory requirements.

Key Management Changes

The following table summarizes the major changes in ONGC's senior management:

Company Secretary Transition

Rajni Kant, who held the position of Company Secretary and Compliance Officer (FCS: 4291), has ceased to hold the office upon reaching the age of superannuation. This change marks a significant transition in ONGC's corporate governance structure.

Executive Level Changes

The company has also reported changes in senior management positions one level below the Board. Three Executive Directors - Arup Kumar Das, Joseph Rozario Vijay Raj, and Rajiv Nischal - have superannuated from their positions.

Compliance and Disclosure

These management changes were disclosed by ONGC in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures were made to both the National Stock Exchange of India Ltd. and BSE Limited.

New Compliance Officer

Following these changes, Shashi Bhushan Singh has been appointed as the new Compliance Officer for ONGC, as evidenced by his digital signature on the regulatory filings.

These senior management changes at ONGC may have implications for the company's operational strategies and corporate governance. Stakeholders and investors will likely be watching closely to see how these transitions impact the company's performance and decision-making processes in the coming months.