Oil & Natural Gas Corporation Limited has announced a senior management change with the superannuation of Executive Director Ajay Dixit, effective from February 1, 2026. The company communicated this development to both the National Stock Exchange of India Limited and BSE Limited as part of its regulatory disclosure obligations.

Regulatory Disclosure Details

The announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, which mandates disclosure of changes in senior management positions. The communication was signed by Company Secretary & Compliance Officer Shashi Bhushan Singh and digitally authenticated on February 1, 2026.

Management Transition Summary

The senior management change details are outlined below:

Corporate Communication

ONGC's formal communication to stock exchanges emphasized that this change represents a routine superannuation process. The company maintained its standard protocol for senior management transitions, ensuring proper documentation and regulatory compliance. The disclosure was addressed to both major Indian stock exchanges where ONGC shares are listed under the symbol ONGC with BSE Security Code 500312.

Conclusion

This management transition reflects the natural progression of executive careers within India's largest oil and gas exploration company. The superannuation of Executive Director Ajay Dixit marks a planned leadership change as ONGC continues its operations in the energy sector.

Oil & Natural Gas Corporation Limited has officially notified stock exchanges about an upcoming board meeting scheduled for February 12, 2026. The meeting has been convened to deliberate on crucial financial matters including the company's quarterly performance and potential dividend distribution to shareholders.

Board Meeting Agenda

The board meeting will address two primary items of business:

Regulatory Compliance and Trading Window Closure

In accordance with SEBI regulations, ONGC has implemented a trading window closure to prevent insider trading activities. The company has established specific timelines for this restriction:

This closure applies to all insiders and is mandated under the SEBI (Prohibition of Insider Trading) Regulations, 2015, along with the company's internal policy framework.

Stock Exchange Communication

The formal intimation was communicated to both major Indian stock exchanges on January 30, 2026. The notification was sent to:

• National Stock Exchange of India Ltd. (Symbol: ONGC, Series: EQ)
• BSE Limited (Security Code: 500312, NCD: 959881)

The communication was signed by Shashi Bhushan Singh, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency in corporate governance practices.

Regulatory Framework

The board meeting notification has been issued pursuant to multiple SEBI regulations, including Regulation 29, 33, 50, and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This comprehensive regulatory framework ensures that all stakeholders receive timely and accurate information about significant corporate developments.