Hindustan Petroleum Corporation Limited Announces Senior Management Change Effective March 01, 2026
Hindustan Petroleum Corporation Limited announced the superannuation of Shri Rajesh Mehtani, Executive Director (I/C) – Aviation, effective March 01, 2026. The disclosure was made to BSE and NSE in compliance with SEBI listing regulations. Company Secretary Rakesh Kumar Singh signed the official communication from the company's Mumbai headquarters.

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Hindustan petroleum Corporation Limited has announced a significant change in its senior management structure, effective March 01, 2026. The state-owned oil marketing company communicated this development to stock exchanges in compliance with regulatory requirements under SEBI listing obligations.
Management Transition Details
The company has disclosed the departure of a key executive from its aviation division. The change involves the superannuation of a senior leadership position, marking a transition in the company's organizational structure.
| Parameter | Details |
|---|---|
| Executive Name | Shri Rajesh Mehtani |
| Position | Executive Director (I/C) – Aviation |
| Effective Date | March 01, 2026 |
| Reason for Change | Superannuation |
Regulatory Compliance
The announcement was made in accordance with Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.
The disclosure was formally communicated to both major stock exchanges:
- BSE Limited: Scrip Code 500104
- National Stock Exchange of India Limited: Scrip Name HINDPETRO
Corporate Communication
The official communication was signed by Rakesh Kumar Singh, Company Secretary, and digitally authenticated on March 01, 2026. The document was issued from the company's registered office at 17, Jamshedji Tata Road, Mumbai, maintaining the standard protocol for corporate announcements.
This management change represents part of the natural succession planning process within the organization, as senior executives reach retirement age. The aviation division, under Mehtani's leadership, has been an integral part of HPCL's diversified energy portfolio.
Historical Stock Returns for Hindustan Petroleum
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.18% | +1.01% | +5.76% | +14.57% | +42.92% | +171.45% |


































